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Experiments involving multiple public goods with contribution thresholds capture many features of charitable giving environments in which donors try to coordinate their contributions across various potential recipients. We present results from a laboratory experiment that introduces endowment...
Persistent link: https://www.econbiz.de/10013483606
This paper characterizes efficient tax subsidies for charitable contributions, and considers the properties of potential reforms. Contributions are underprovided in the absence of subsidies, and are misdirected if subsidies fail to account for all of the costs that donors incur. It is costly for...
Persistent link: https://www.econbiz.de/10013503444
charitable deduction; (3) in theoretical or policy terms, what the charitable deduction is for and whether the theory of the …
Persistent link: https://www.econbiz.de/10013110826
Richard Musgrave coined the terminology of merit wants and merit goods in the 1950s in the context of the theory of …, as well as some social interests. Mainstream economic theory tends to reduce all normative concerns to individual …
Persistent link: https://www.econbiz.de/10012928121
We experimentally investigate the path dependence of voluntary contributions in a public good game with heterogeneous agents who vary in their ability to increase the public good. More specifically, we analyze whether contribution norms observed in a first phase of the experiment under a...
Persistent link: https://www.econbiz.de/10013236463
Using a diagram called a "Kolm triangle" adopted in Kolm (197'7, the important issues of 1) Pareto efficiency and the core, and 2) Lindahl equilibrium and the core in the resource allocation problem involving public goods analyzed by Foley (197'7 and Nikaido (1976) can be illustrated merely...
Persistent link: https://www.econbiz.de/10014170433
This paper analyzes the effects of spillovers on the formation of jurisdictions in a local public good economy with free mobility. The number of jurisdictions is fixed and spillovers are parametrized by a matrix [αij where αij ε [0,1]. When spillovers are symmetric and close to 0 or 1 (pure...
Persistent link: https://www.econbiz.de/10014067780
Most of the literature on government intervention in models where public goods are provided through voluntary contributions focuses on interventions that change the total level of a public good, which is known to be (almost always) underprovided relative to the "efficient" level. However,...
Persistent link: https://www.econbiz.de/10014067875
We prove existence and generic regularity of equilibria in a general equilibrium model of a completely decentralized pure public good economy. Competitive firms using private goods as inputs produce the public good, which is privately provided by households. Previous studies on private provision...
Persistent link: https://www.econbiz.de/10014068959
We analyze a general equilibrium model of a completely decentralized pure public good economy. Competitive firms using private goods as inputs produce the public good, which is privately provided by households. Previous studies on private provision of public goods typically use one private good,...
Persistent link: https://www.econbiz.de/10014068996