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build a coherent theory of charitable giving. …
Persistent link: https://www.econbiz.de/10009152952
This paper analyzes the private provision of public goods where consumers interact within a fixed network structure and may benefit only from their direct neighbors' provisions. We present a proof for existence and uniqueness of a Nash equilibrium with general best-reply functions. Our...
Persistent link: https://www.econbiz.de/10009501125
Disentangling the motivational drivers of individuals is frequently regarded a key step in reconciling theory and …
Persistent link: https://www.econbiz.de/10010362168
How did eighteenth-century China manage to provide public goods nationwide despite its low tax rate? We construct a prefecture-level panel dataset from 1738 to 1820 and examine the effectiveness of the provision of public goods by the state granary system and elite services in mitigating price...
Persistent link: https://www.econbiz.de/10012822772
The private provision of public goods suffers from two potential types of efficiency failures: non-optimal output levels of the public good (quantity problem) and an inefficient mix of contributors and non-contributors (sorting problem). Embedding the provision game into a contest that rewards...
Persistent link: https://www.econbiz.de/10014212027
Pro-environmental preferences are being used increasingly as environmental policy tools. In this paper, I consider the role of heterogeneous green preferences for private provision of environmental goods that have both private and public characteristics. Under different assumptions of...
Persistent link: https://www.econbiz.de/10014129089
We study how moral suasion that appeals to two major ethical theories, Consequentialism and Deontology, affects individual intentions to contribute to a public good. We use the COVID-19 pandemic as an exemplary case where there is a large gap between private and social costs and where moral...
Persistent link: https://www.econbiz.de/10014096933
We examine the optimal financing of infrastructure when governments have limited financial commitment and can expropriate rents from private sector firms that manage infrastructure. While private firms need incentives to implement projects well, governments need incentives to limit...
Persistent link: https://www.econbiz.de/10013334350