Similar Search Results

Do Institutions of Direct Democracy Tame the Leviathan? Swiss Evidence on the Structure of Expenditure for Public Education

Fischer, Justina A. V. - 2021

Identification of a deleterious impact of institutions of direct legislation on student performance by studies for both the U.S. and Switzerland has raised the question of the exact transmission channels for this impact. Studies for the U.S. that find an increase in the ratio of administrative...

Persistent link: https://www.econbiz.de/10013318116

Implementing the Median

Nuñez, Matias - 2018

In the single-peaked domain, the median rules (Moulin, 1980) are of special interest. They are, essentially, the unique strategy-proof rules as well as the unique Nash implementable ones under complete information. We show that, under mild assumptions on admissible priors, they are also...

Persistent link: https://www.econbiz.de/10012915077

Utilitarian mechanism design for an excludable public good

Hellwig, Martin - 2009

This paper studies the design of optimal utilitarian mechanisms for an excludable public good. Excludability provides a basis for making people pay for admissions; the payments can be used for redistribution and/or funding. Whereas previous work assumed that admissions are governed by the...

Persistent link: https://www.econbiz.de/10003862320

Utilitarian Mechanism Design for an Excludable Public Good

Hellwig, Martin F. - 2009

Persistent link: https://www.econbiz.de/10013160409

Optimal Provision of a Discrete Public Good : Linear Equilibria in the Private-Information Subscription Game

Barbieri, Stefano - 2008

We analyze a symmetric Bayesian game in which two players individually contribute to fund a discrete public good; contributions are refunded if they do not meet a threshold set by the seller of the good. We provide a general characterization of symmetric equilibrium strategies that are continuous...

Persistent link: https://www.econbiz.de/10012726475

Tax Competition, Excludable Public Goods and User Charges

Huber, Bernd; Runkel, Marco - 2021

This paper provides an economic explanation for the increasing reliance of the state on revenue from user charges on … excludable public goods. We develop a model with many identical countries. The government of each country levies a capital tax on …, the price on the public good is zero. Under mobile capital, in contrast, the countries engage in tax competition and each …

Persistent link: https://www.econbiz.de/10013319308

A Theory of User-Fee Competition

Fuest, Clemens; Kolmar, Martin - 2021

centralized solution. In addition the regions have strategic incentives to set user charges. If the regional spillover goods are …

Persistent link: https://www.econbiz.de/10013319360

An Incomplete Contracts Perspective on the Provision and Pricing of Excludable Public Goods

Bierbrauer, Felix J. - 2010

We study whether a firm that produces and sells access to an excludable public good should face a self-financing requirement, or, alternatively, receive subsidies that help to cover the cost of public-goods provision. The main result is that the desirability of a self-financing requirement is...

Persistent link: https://www.econbiz.de/10014199331

Private Provision of a Discrete Public Good : Continuous-Strategy Equilibria in the Private-Information Subscription Game

Barbieri, Stefano; Malueg, David A. - 2007

We reconsider Laussel and Palfrey's (2003) analysis of private provision of a discrete public good via the subscription game. We show that the equilibria they define as semi-regular do not exist. Taking players' values for the public good as uniformly distributed on [vl, vh] with vl 0, we...

Persistent link: https://www.econbiz.de/10014050790

The Provision and Pricing of Excludable Public Goods : Ramsey-Boiteux Pricing Versus Bundling

Hellwig, Martin F. - 2006

This paper studies the relation between Bayesian mechanism design and the Ramsey-Boiteux approach to the provision and pricing of excludable public goods. For a large economy with private information about individual preferences, the two approaches are shown to be equivalent if and only if, in...

Persistent link: https://www.econbiz.de/10014055410