An Empirical Analysis of the Efficient Provision of a Public Good

An Empirical Analysis of the Efficient Provision of a Public Good PDF Author: Wankyu Park
Publisher:
ISBN:
Category :
Languages : en
Pages : 360

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An Empirical Analysis of the Efficient Provision of a Public Good

An Empirical Analysis of the Efficient Provision of a Public Good PDF Author: Wankyu Park
Publisher:
ISBN:
Category :
Languages : en
Pages : 360

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Book Description


A Simple Mechanism for the Efficient Provision of Public Goods

A Simple Mechanism for the Efficient Provision of Public Goods PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

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Public Finance and Public Policy

Public Finance and Public Policy PDF Author: Jonathan Gruber
Publisher: Macmillan
ISBN: 9780716786559
Category : Business & Economics
Languages : en
Pages : 806

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Book Description
Chapters include: "Income distribution and welfare programs", "State and local government expenditures" and "Health economics and private health insurance".

Providing Incentives for the Provision of Environmental Public Goods

Providing Incentives for the Provision of Environmental Public Goods PDF Author: Marc Nicholas Conte
Publisher:
ISBN: 9780549842293
Category :
Languages : en
Pages : 228

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Book Description
Increased awareness of the impact of human activity on ecosystem health and the value of amenities provided by ecosystems has focused attention on the trade-offs that exist between intensive land use and the provision of environmental public goods. We study the impacts of different regulatory mechanisms and sources of demand for these environmental public goods on their provision. We also consider whether the role of some environmental goods as inputs to production offers an incentive to firms to contribute to the provision of these environmental public goods. We develop a spatially-explicit theoretical model of landowner behavior to make predictions about the impact of regulatory mechanism choice on the efficiency of provision. We find that both uniform regulation and market-based mechanisms can lead to efficient provision of these goods, with the efficiency of the mechanism driven by the particular spatial characteristics and incentives for noncompliance with regulation on the landscape. An empirical analysis supports the predictions of the theoretical model. The theoretical model of landowner behavior is also used to determine that external demand for provision can have confounding direct and indirect effects on provision under market-based mechanisms, with a complete offset of additional provision possible in the presence of the efficient expected fine for noncompliance. Finally, using a strategic model of firm behavior, we find that the presence of competition during the search process for an input to the production of a market good that affords its producer market power provides sufficient incentive for firms to support provision of environmental public goods.

The Efficient Provision of Public Goods

The Efficient Provision of Public Goods PDF Author: T. Nicolaus Tideman
Publisher:
ISBN:
Category :
Languages : en
Pages : 12

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Norms, Image, and Private Contributions to Public Goods

Norms, Image, and Private Contributions to Public Goods PDF Author: Matthew G. Interis
Publisher:
ISBN:
Category :
Languages : en
Pages : 96

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Book Description
Abstract: This dissertation examines individual motivation to provide public goods and implications for public policy designed to influence private provision. It merges psychology and sociology with economics to develop a behavioral model in the context of an environmental issue. The model supposes that individuals have preference over their image of themselves as environmentally responsible people. This image is partially determined by norms they hold about how much to contribute to the public good. These norms, in turn, are influenced by policy-makers, for example through a mechanism such as environmental campaigns. The first chapter lays out the conceptualization of norms used in the subsequent chapters. The main points are that I distinguish between statistical norms, what "is" done, and injunctive norms, what "should" be done. Injunctive norms are sanctioned either by oneself, others, or both. This simple typology is contrasted with existing conceptualizations of norms in the literature. The second chapter is an empirical analysis which makes some conclusions about how norms affect self-sanctioning through a change in self-image. Survey data regarding hypothetical contributions to a carbon offsetting program show that (1) the higher is one's contribution, the higher is his self-image, and that (2) the higher is one's injunctive norm of how much he thinks one should contribute, the lower is his self-image. This indicates that, depending upon the context, the norm itself should enter individuals' utility functions. It is also shown that self-image itself increases after a contribution has been made, as opposed to individuals making a contribution that is consistent with a given self-image. Chapter 3 combines everything together into a theoretical model in which policy-makers can allocate a given amount of tax revenue between direct provision of a public good and influencing norms to try to increase private provision. An analytical analysis of efficiency and a simulation analysis of welfare effects are conducted. Depending upon individual preferences over private good consumption, public good consumption, and image, a positive investment in norm manipulation can increase social welfare.

Public Goods for Economic Development

Public Goods for Economic Development PDF Author: Olga Memedović
Publisher: UN
ISBN:
Category : Business & Economics
Languages : en
Pages : 198

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Book Description
This publication addresses factors that promote or inhibit successful provision of the four key international public goods: financial stability, international trade regime, international diffusion of technological knowledge and global environment. Without these goods, developing countries are unable to compete, prosper or attract capital from abroad. The need for public goods provision is also recognized by the Millennium Development Goals, internationally agreed goals and targets for knowledge, health, governance and environmental public goods. The Report addresses the nature of required policies and institutions using the modern principles of collective action.

The Handbook of Experimental Economics

The Handbook of Experimental Economics PDF Author: John H. Kagel
Publisher: Princeton University Press
ISBN: 0691213259
Category : Business & Economics
Languages : en
Pages : 742

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Book Description
This book, which comprises eight chapters, presents a comprehensive critical survey of the results and methods of laboratory experiments in economics. The first chapter provides an introduction to experimental economics as a whole, with the remaining chapters providing surveys by leading practitioners in areas of economics that have seen a concentration of experiments: public goods, coordination problems, bargaining, industrial organization, asset markets, auctions, and individual decision making. The work aims both to help specialists set an agenda for future research and to provide nonspecialists with a critical review of work completed to date. Its focus is on elucidating the role of experimental studies as a progressive research tool so that wherever possible, emphasis is on series of experiments that build on one another. The contributors to the volume--Colin Camerer, Charles A. Holt, John H. Kagel, John O. Ledyard, Jack Ochs, Alvin E. Roth, and Shyam Sunder--adopt a particular methodological point of view: the way to learn how to design and conduct experiments is to consider how good experiments grow organically out of the issues and hypotheses they are designed to investigate.

Regional Public Goods

Regional Public Goods PDF Author: Antoni Estevadeordal
Publisher: IDB
ISBN: 1931003858
Category : Social Science
Languages : en
Pages : 455

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Book Description


Public Goods and Public Allocation Policy

Public Goods and Public Allocation Policy PDF Author: Rüdiger Pethig
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
ISBN:
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
Public goods with price exclusion / Michael E. Burns and Cliff Walsh -- Free rider and bad wagons / Bengt-Arne Wickström -- Competitive lobbying for group-specific public goods / Rüdiger Pethig -- The MDP-procedure in a regional economy / Oskar von dem Hagen -- Distributive and allocative effects of individual voting behaviour / Horst Hanusch and Peter Biene -- Majority decisions on regional environmental quality and interregional pollution / Ferdi Dudenhöffer -- Environmental policy with pollution interaction / Alfred Endres -- Alternative allocation procedures for public goods / Wolfgang Blümel.