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preferences for public goods. A mechanism design approach is used to characterize implementable tax and expenditure policies. A …
Persistent link: https://www.econbiz.de/10010266987
We study the relation between mechanism design and voting in public-good provision. If incentive mechanisms must …
Persistent link: https://www.econbiz.de/10013017868
We propose a new approach to the normative analysis of public-good provision. In addition to individual incentive compatibility, we impose conditions of robust implementability and coalition proofness. Under these additional conditions, participants' contributions can only depend on the level of...
Persistent link: https://www.econbiz.de/10014174190
public goods preferences. A mechanism design approach is used to establish the following result: If policies are required to …
Persistent link: https://www.econbiz.de/10014214325
preferences is made available. We first study this problem from a general mechanism design perspective and show that efficiency is … system. We then study democratic mechanisms with the property that tax payers vote over public goods. Under such a mechanism …
Persistent link: https://www.econbiz.de/10012724347
User trust is an essential resource for the information economy. Without it, people will share less of their personal information and the digital economy will falter. Companies that use personal information do not protect this resource sufficiently. Instead, many take advantage of it for...
Persistent link: https://www.econbiz.de/10014127295
We investigate the design of incentives for public good quality provision in a dynamic regulation setting in which maintenance efforts and quality shocks have durable effects. When the regulator contracts with a sequence of agents, asymmetries of information can lead to over-provision of quality...
Persistent link: https://www.econbiz.de/10012733978
use a mechanism design approach to solve for the optimal utilitarian provision rule. The relevant incentive constraints …
Persistent link: https://www.econbiz.de/10010374864
We study contracting between a public good provider and users with private valuations of the good. We show that, once the provider extracts the users' private information, she benefits from manipulating the collective information received from all users when communicating with them. We derive...
Persistent link: https://www.econbiz.de/10012255849
We propose a new approach to the normative analysis of public-good provision. In addition to individual incentive compatibility, we impose conditions of robust implementability and coalition proofness. Under these additional conditions, participants' contributions can only depend on the level of...
Persistent link: https://www.econbiz.de/10010286687