Public Provision of Private Goods
نویسندگان
چکیده
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منابع مشابه
Toward an efficiency rationale for the public provision of private goods
Public provision of a private goods is justified on efficiency grounds in a modelwith no redistributive preferences. A government’s involvement in the provision of a private good generates information about preferences that facilitatesmore efficient revenue extraction for the provision of public goods. Public provision of the private good improves economic efficiency under a condition that is a...
متن کاملThe Provision of Public Goods in an Economy with Ethnic Divisions∗
Many observers have argued that ethnic divisions make public goods more difficult to provide. This paper examines the provision of public goods in an economy with ethnic divisions. Households feel altruistically toward other households in their ethnic group. The amount of public goods in private contribution equilibrium is generally in decreasing in the amount of ethnic diversity. Public goods ...
متن کاملSelf-Insurance and Self-Protection as Public Goods
Most pure public goods like lighthouses, dams, or national defense provide utility mainly by insuring against hazardous events. Our paper focuses on this insurance character of public goods. As for private actions against hazardous events, one can distinguish between self-insurance (SI) and self-protection (SP) also in the context of public goods. For both cases of SI and SP we analyze efficien...
متن کاملPawns and Queens Revisited: Public Provision of Private Goods When Individuals Make Mistakes
This paper analyses the optimal tax policy and public provision of private goods when individuals di¤er in two respects: income-earning ability and rationality. Publicly provided goods should be overprovided or subsidised, relative to the decentralised optimum, if societys marginal valuation of them exceeds the individual valuation and if these goods help relax the self-selection constraints, ...
متن کاملEthnic Heterogeneity and the Private Provision of Public Goods
Theoretically, more ethnic heterogeneity may lead to higher aggregate provision of privately provided public goods if ethnic heterogeneity increases the uncertainty about the aggregate level of public good provision. Empirical results in this article, which are based on household survey data from Kampala, Uganda, show robust evidence that an increase in ethnic heterogeneity is associated with a...
متن کاملRetailing Public Goods: The Economics of Corporate Social Responsibility
This paper explores the feasibility and desirability of Corporate Social Responsibility (CSR). We identify CSR with creation of public goods or curtailment of public bads. Using a model with pro tmaximizing rms, the paper shows that there is a direct parallel between CSR and traditional models of private provision of public goods. Indeed, rms that use CSR will produce public goods at exactly ...
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