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together rather than investing separately. We study the coordination and cooperation problems that might hinder successful … collaboration in a dynamic network setting. We develop an experiment in which coordination problems are mainly due to finding … collaborate. The results show that as costs of forming links increase, groups succeed less often in solving the coordination …
Persistent link: https://www.econbiz.de/10009752455
private provision of public goods. We examine whether reciprocity can resolve the associated coordination problem. The …
Persistent link: https://www.econbiz.de/10010383392
Peer-to-peer networks have emerged as a popular alternative to traditional client-server architectures for the distribution of information goods. Recent academic studies have observed high levels of free-riding in various peer-to-peer networks, leading some to predict the imminent collapse of...
Persistent link: https://www.econbiz.de/10009441085
We develop a two-region model where the decentralized provision of spillover goods can be financed by means of taxes or user fees. In order to enforce the fees regions have to invest in exclusion. We show that a decentralized solution tends to be inefficient. There will be over-investment in...
Persistent link: https://www.econbiz.de/10010315956
In this paper we analyze the optimal interplay between the publie and private enforceement of property rights. In doing so we endogenize the distinction between public and club goods on the one and private and common-pool goods on the other hand. The private enforcement of property rights is...
Persistent link: https://www.econbiz.de/10010318860
In this paper we analyze the optimal degree of centralization for the supply of public goods. We identify the reliance on an exclusion mechanism as a central feature of the decentralized provision of public goods. An exclusion mechanism induces a contest between users of the public goods who...
Persistent link: https://www.econbiz.de/10010318964
Persistent link: https://www.econbiz.de/10000883190
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