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stabilization of postwar public good theory, despite Tiebout's engagement with key figures in its construction. Moreover, his death …A substantial and diverse literature in economics traces its intellectual roots to Charles Tiebout's 1956 article, “The … Pure Theory of Local Expenditure.” Its present recognition, frequently attributed to originating the idea of “voting with …
Persistent link: https://www.econbiz.de/10013061363
This paper develops a model of Tiebout sorting with decentrally determined progressive income taxation and a built …
Persistent link: https://www.econbiz.de/10013269796
There is much evidence against the so-called too big to fail hypothesis in the case of bailouts to sub-national governments. We look at a model where districts of different size provide local public goods with positive spillovers. Matching grants of a central government can induce...
Persistent link: https://www.econbiz.de/10010365894
Wicksell (1896) and Lindahl (1919) analyzed the public provision of public goods through parliamentary negotiation. Roemer (2010, 2019) applied Kant’s (1785) categorical imperative to the private provision of public goods by voluntary contributions. They coincide in yielding efficient...
Persistent link: https://www.econbiz.de/10013238319
economist, James Buchanan, who systematically tried to show that externalities should not be viewed as a problem for market … efficiency. The central argument Buchanan used to defend markets was the human propensity to internalise the external effects of … able to show the remarkable consistency of Buchanan's claims about externalities, even though he developed them in a period …
Persistent link: https://www.econbiz.de/10013135502
economist, James Buchanan, who systematically tried to show that externalities should not be viewed as a problem for market … efficiency. The central argument Buchanan used to defend markets was the human propensity to internalise the external effects of … to show the remarkable consistency of Buchanan's claims about externalities, even though he developed them in a period …
Persistent link: https://www.econbiz.de/10011603394
economist, James Buchanan, who systematically tried to show that externalities should not be viewed as a problem for market … efficiency. The central argument Buchanan used to defend markets was the human propensity to internalise the external effects of … able to show the remarkable consistency of Buchanan's claims about externalities, even though he developed them in a period …
Persistent link: https://www.econbiz.de/10010720645
economist, James Buchanan, who systematically tried to show that externalities should not be viewed as a problem for market … efficiency. The central argument Buchanan used to defend markets was the human propensity to internalise the external effects of … able to show the remarkable consistency of Buchanan's claims about externalities, even though he developed them in a period …
Persistent link: https://www.econbiz.de/10011592183
We analyze a simple model of local public good provision in a country consisting of a large number of heterogeneous regions, each comprising two districts, a city and a village. When districts remain autonomous and local public goods have positive spillover effects on the neighboring district,...
Persistent link: https://www.econbiz.de/10010371075
I discuss recent contributions to the theory of group formation and the provision of jointly consumed public goods and …
Persistent link: https://www.econbiz.de/10014024860