On the private provision of public goods
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In this article, the authors consider a general model of non-cooperative provision of a public good and show that there is always a unique Nash equilibrium in the model and characterize the properties and the comparative statics of the equilibrium.About:
This article is published in Journal of Public Economics.The article was published on 1986-02-01 and is currently open access. It has received 2237 citations till now. The article focuses on the topics: Public good & Public goods game.read more
Citations
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Exploring the interdependencies of research funders in the UK
Koonal Shah,Jon Sussex,K. Hernandez-Villafuerte,Martina Garau,Daniele Rotolo,Michael M. Hopkins,Nicola Grassano,P. Crane,Frédérique Lang,Joshua Hutton,C. Pateman,A. Mawer,C. Farrell,T. Sharp +13 more
TL;DR: In this paper, the authors explored the extent to which funders of cancer research are interdependent, nationally and internationally, and found that there are substantial benefits, both financial and qualitative, from the existence of a variety of funders and that reductions in the level of government financial support for medical research are likely to have broader negative effects.
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Uncertainty and framing in a valuation task
Stéphane Luchini,Verity Watson +1 more
TL;DR: This article investigated whether respondent certainty explains framing effects in a contingent valuation study, using data from a double bounded dichotomous elicitation format and a follow-up certainty question, and found evidence that the anchoring effect is stronger for respondents who are less certain about their response to the contingent valuation question compared to respondents who were very certain.
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Exploring embeddedness, centrality, and social influence on backer behavior: the role of backer networks in crowdfunding
Yuho Chung,Yiwei Li,Jianmin Jia +2 more
TL;DR: In this article, the authors examined the influence of backers' social networks on their backing behavior using data from a large social networking site and a reward-based crowdfunding platform and found that node-level factors (e.g., centrality) have a greater influence on technology-oriented crowdfunding campaigns than on social-oriented campaigns.
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The economic value of an improved malaria treatment programme in Zambia: results from a contingent valuation survey
Felix Masiye,Clas Rehnberg +1 more
TL;DR: A measure of the economic benefits of an improved malaria treatment programme in Zambia is elicited and the theoretically anticipated association between WTP and several socio-economic factors is reported.
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Warm-glow giving in networks with multiple public goods
TL;DR: The main result of the paper shows the existence and uniqueness of a Nash equilibrium, and the unique Nash equilibrium is also shown to be asymptotically stable.
References
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Book
A Treatise on the Family
TL;DR: The Enlarged Edition as mentioned in this paper provides an overview of the evolution of the family and the state Bibliography Index. But it does not discuss the relationship between fertility and the division of labor in families.
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Are Government Bonds Net Wealth
TL;DR: In this article, the authors consider the effects of different types of intergenerational transfer schemes on the stock of public debt in the context of an overlapping-generations model and show that finite lives will not be relevant to the capitalization of future tax liabilities so long as current generations are connected to future generations by a chain of operative inter-generational transfers.
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Economists free ride, does anyone else?: Experiments on the provision of public goods, IV
Gerald Marwell,Ruth E. Ames +1 more
TL;DR: In this article, closely related experiments testing the free rider hypothesis under different conditions, and sampling various sub-populations, are reported, and results question the empirical validity and generality of a strong version of the hypothesis.
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The private provision of a public good is independent of the distribution of income
TL;DR: When a single public good is provided at positive levels by private individuals, its provision is unaffected by a redistribution of income as discussed by the authors, regardless of differences in individual preferences and despite differences in marginal propensities to contribute to the public good.