Leveling up? An inter-neighborhood experiment on parochialism and the efficiency of multi-level public goods provision
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چکیده
منابع مشابه
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We consider a general model of the non-cooperative provision of a public good. Under very weak assumptions there will always exist a unique Nash equilibrium in our model. A small redistribution of wealth among the contributing consumers will not change the equilibrium amount of the public good. However, larger redistributions of wealth will change the set of contributors and thereby change the ...
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Firms spend considerable amounts on socially responsible business practices. These expenditures are often seen as an indirect form of profit maximization or a perquisite of the manager at shareholder expense. We offer a more direct explanation. Since shareholders enjoy both consumption and private benefits from public goods, managers acting on their behalf will (1) provision more public goods t...
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2019
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2019.05.028