Exclusion, externalities, and public goods

Survey of Methodologies for Valuing Externalities and Public Goods

Alliance formation with exclusion in the spatial public goods game

Detecting defection and alarming partners about the possible danger could be essential to avoid being exploited. This act, however, may require a huge individual effort from those who take this job, hence such a strategy seems to be unfavorable. But structured populations can provide an opportunity where a largely unselfish excluder strategy can form an effective alliance with other cooperative...

Mixed Taxation, Public Goods and Transboundary Externalities: A Model with Large Jurisdictions∗

This paper concerns income taxation, commodity taxation, production taxation and public good provision in a multi-jurisdiction framework with transboundary environmental damage. We assume that each jurisdiction is large in the sense that its government is able to influence the world-market producer price of the externality-generating commodity. The decision-problem facing the government in each...

No externalities: a characterization of efficiency and incentive compatibility with public goods

We show that efficient anonymous incentive compatible (dominant strategy) mechanisms for public goods eliminate externalities, i.e., each individual is unable to change the welfare of anyone else. The characterization is used to derive existence and non-existence results for models with a finite number of individuals and to explain existence results in the continuum. A similar characterization ...

Cross-Border Externalities, International Public Goods and Their Implications for Aid Agencies

The interplay between cross-border externalities, international public goods and development assistance, and the relationship between this interplay and the conventional rationales for development assistance, will be a key problematic facing aid agencies in the next decade. This note sets out a conceptual framework for thinking through the problematic, and draws some tentative implications for ...