Showing 1 - 10 of 391
Science is a winner-take-all profession in which only few contributions get excessive attention and the large majority of papers_new remains receives scant or no attention. This so-called ‘waste’ together with all the competitive strategies of scientists seeking attention is part and parcel...
Persistent link: https://www.econbiz.de/10011255623
It is an important difference in different measures of the marginal cost of public funds whether to take into account the "revenue effect" emphasized by Atkinson and Stern (1974). This note tries to reconcile two competing measures from a general viewpoint. We demonstrate that the revenue effect...
Persistent link: https://www.econbiz.de/10008862078
In this note we analyse the provision of a pure public good with non constant production cost in the context of a federation of jurisdictions with two tiers of Government: the central and the local. The central government aims at welfare maximization but this objective is constrained to the use...
Persistent link: https://www.econbiz.de/10008752847
Socially destructive behavior in a public good environment - like damaging public goods - is an underexposed phenomenon in economics. In an experiment we investigate whether such behavior can be influenced by the very nature of an environment. To that purpose we use a Fragile Public Good (FPG)...
Persistent link: https://www.econbiz.de/10011161043
This paper sheds new light on the economic logic of voluntary associations and the relationship between individual contribution and collective action. The aims are twofold. Firstly, we seek to explain how “team reasoning” (Bacharach et al. 2006) can deeply change the functioning of voluntary...
Persistent link: https://www.econbiz.de/10011165801
We consider a two group contest over a group specific public good comparing two situations: (i) where all players act independently; and (ii) where the players of each group cooperate. This comparison leads us to the conclusion that it is possible for one group to contribute more (and have a...
Persistent link: https://www.econbiz.de/10009645717
The purpose of this note is to correct an error in the seminal article on secession by Buchanan and Faith (1987). In their paper, Buchanan and Faith neglected the effect of political separation affects on markets, and consequently on individual private incomes.
Persistent link: https://www.econbiz.de/10010630245
Protection against pest invasion is a public good. Yet the nature of private incentives to avoid entry is poorly understood. This work shows that, due to increasing returns or network effects, private actions to avoid entry are strategic complements. This means that compulsory action, at least...
Persistent link: https://www.econbiz.de/10010539738
Science is a winner-take-all profession in which only few contributions get excessive attention and the large majority of papers_new remains receives scant or no attention. This so-called ‘waste’ together with all the competitive strategies of scientists seeking attention is part and parcel...
Persistent link: https://www.econbiz.de/10010325400
Science is a winner-take-all profession in which only few contributions get excessive attention and the large majority of papers remains receives scant or no attention. This so-called ‘waste’ together with all the competitive strategies of scientists seeking attention is part and parcel of...
Persistent link: https://www.econbiz.de/10005137143