Endogenous Move Structure and Voluntary Provision of Public Goods: Theory and Experiment
نویسندگان
چکیده
منابع مشابه
Efficient Provision of Public Goods with Endogenous Redistribution * Efficient Provision of Public Goods
We study a continuous and balanced mechanism that is capable of implementing in Nash equilibrium all the Pareto-efficient individually rational allocations for an economy with public goods. The Government chooses a set of weights directly related to the Lindahl prices corresponding to the Pareto-efficient allocation it wants to implement. The mechanism then guarantees that initial endowments ar...
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We study a balanced mechanism that is capable of implementing in Nash equilibrium all the Pareto-efficient individually rational allocations for an economy with public goods. The Government chooses a set of weights directly related to the Lindahl prices corresponding to the Paretoefficient allocation to be implemented. The mechanism then guarantees that initial endowments are re-allocated so th...
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ژورنال
عنوان ژورنال: Journal of Public Economic Theory
سال: 2011
ISSN: 1097-3923
DOI: 10.1111/j.1467-9779.2011.01518.x