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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Corporate Provision of Public Goods
TL;DR: Friedman famously suggested that firms should not divert profits toward public goods because shareholders can better make these contributions themselves as discussed by the authors. Despite this, despite this, activist shareholders have a...
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Crowdfunding industry—History, development, policies, and potential issues
Ying Zhao,Phil Harris,Wing Lam +2 more
TL;DR: Zhao et al. as discussed by the authors studied the history, development, policies, and potential issues of the crowd-funding industry, and proposed a framework for self-archiving self-documenting data.
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Contributing or Free-Riding? Voluntary Participation in a Public Good Economy
Taiji Furusawa,Hideo Konishi +1 more
TL;DR: The free-riding-proof core (FRP-core) as discussed by the authors is a hybrid solution concept, which endogenously determines a contribution group, public good provision level, and its cost sharing.
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An Experimental Study on the Gap Between Willingness to Pay and Willingness to Donate for Green Electricity
Roland Menges,Stefan Traub +1 more
TL;DR: In this paper, the authors present an experimental study on the size of the gap between willingness to pay and willingness to donate in eliciting individual preferences for public goods in green electricity promotion, where making electricity markets "greener" can be interpreted contributing to the public good "environmental quality".
Posted Content
Half a Century of Public Software Institutions: Open Source as a Solution to Hold-Up Problem
Michael Schwarz,Yuri Takhteyev +1 more
TL;DR: In this paper, the authors argue that the intrinsic inefficiency of proprietary software has historically created a space for alternative institutions that provide software as a public good and discuss several sources of such inefficiency, focusing on one that has not been described in the literature.
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.