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
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Land inequality, government ideology and agricultural protection
TL;DR: In this article, the authors present an empirical investigation of how agricultural land ownership inequality and government ideology (right-wing vs left-wing) affect agricultural protection Theoretically, the links are quite ambiguous, switching from positive to negative depending on the structure of the underlying political economic model, i.e., pressure groups vs median voter approach.
Posted Content
Competing Pre-marital Investments
Michael A. Peters,Aloysius Siow +1 more
TL;DR: In this article, a special case of Rosen's hedonic market model is proposed, where the competition for spouses will raise incentives to invest in pre-marital investments as well as making these investments less predictable.
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The Strategic Value of Carbon Tariffs
TL;DR: In this article, the authors explore the role tariffs might play as an inducement to unregulated countries adopting emission controls of their own and use an applied general equilibrium model to generate the payoffs of a policy game in which a coalition of countries regulates its own emissions and chooses whether or not to employ carbon tariffs against unregulated countries.
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Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World
Daron Acemoglu,Daron Acemoglu,Daron Acemoglu,James A. Robinson,James A. Robinson,James A. Robinson,Thierry Verdier,Thierry Verdier,Thierry Verdier +8 more
TL;DR: In this paper, the authors developed a simple model of economic growth in a world in which all countries benefit and potentially contribute to advances in the world technology frontier. And they showed that, under plausible assumptions, the world equilibrium is asymmetric: some countries will opt for a type of “cutthroat” capitalism that generates greater inequality and more innovation and will become the technology leaders, while others will free-ride on the cutthroat incentives of the leaders and choose a more cuddly form of capitalism.
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Strategic Interaction and Networks
TL;DR: In this paper, the authors study games with linear best replies and characterize the Nash and stable equilibria for any graph and for any impact of players' actions, and show that when the graph is sufficiently absorptive (as measured by this eigenvalue), there is a unique equilibrium.
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.