Public goods, unemployment and policy coordination
نویسندگان
چکیده
منابع مشابه
Coordination under threshold uncertainty in a public goods game
We explored experimentally how threshold uncertainty affects coordination success in a threshold public goods game. Whereas all groups succeeded in providing the public good when the exact value of the threshold was known, uncertainty was generally detrimental for the public good provision. The negative effect of threshold uncertainty was particularly severe when it took the form of ambiguity, ...
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We require an economic system to cater to individual wants to the maximum possible extent expressed formally by means of an efficiency condition. Because the set of efficient outcomes is a function of individual preferences, a successful system must elicit information about those preferences. That desideratum, along with the fact that the information disclosed by an individual will be dictated ...
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ژورنال
عنوان ژورنال: Regional Science and Urban Economics
سال: 2008
ISSN: 0166-0462
DOI: 10.1016/j.regsciurbeco.2008.03.001