We study a general equilibrium model with a non-profit firm producing a public good using private goods as inputs which are financed by voluntary contributions (subscriptions) of households. We analyze policy interventions that increase the public good level at subscription equilibria, and show...

This paper treats programs in which firms voluntarily agree to meet environmental standards as “green clubs”: clubs, because they provide non-rival but excludable reputation benefits to participating firms; green, because they also generate environmental public goods. The model illuminates a...

The objective of the present paper is to investigate the robustness of the well-known result that pre-set default options determine people's choices. We do so by conducting a field experiment among environmental economists attending a large international conference on environmental economics....

Increasing private wildfire risk mitigation is an important part of the larger forest restoration policy challenge. Data from an economic experiment are used to evaluate the effectiveness of providing fuel reductions on public land adjacent to private land to induce private wildfire risk...

Forests provide a variety of ecosystem goods and services to society, which often have the typical characteristics of a public good: non-excludability and non-rivalry. One of these services is avalanche protection of forests. A monetary valuation of this service would be helpful to provide...

Forests provide a variety of ecosystem goods and services to society, which often have the typical characteristics of a public good: non-excludability and non-rivalry. One of these services is avalanche protection of forests. A monetary valuation of this service would be helpful to provide...

This paper explores a common form of Corporate Social Responsibility practiced by firms, where firms link the sales of private goods to charitable contributions. We build a model to explore the profitability of a market for such “linked” goods when the purchase of the private good allows the...

We describe an experimental comparison of the out-of-equilibrium performance of three allocation mechanisms designed to achieve Lindahl outcomes as Nash equilibria: the mechanisms due to Walker (1981), Kim (1993), and Chen (2002). We find that Chenʼs mechanism, which is supermodular, converges...

Understanding the motivations behind people’s voluntary contributions to public goods is crucial for the broader issues of economic and social development. By using the experimental design of Fischbacher, Gächter, and Fehr (2001), we investigate the distribution of contribution types in two...

We study the governance of public good provision in poor communities in Oaxaca, Mexico. We estimate the effect of usos y costumbres—a form of participatory democracy prevalent in indigenous communities—on the provision of local public goods. Because governance is endogenous, we address...