نتایج جستجو برای: Public Good
تعداد نتایج: 781063 فیلتر نتایج به سال:
what miller wants is a theatre of heightened consciousness. he speaks of two passions in a man, the passion to "feel" and the passion "know". he belives that we can have more of the latter. he says: drama is akin to the other inventions of man in that it ought to help us know more and not merely to spend our feelings. the writing of the crucible shows us that he is trying to give more heightene...
We explore the generality of Konrad and Lommerud (1995)’s Rotten Spouse Theorem. While the result holds for an arbitrary number of agents, it fails to hold for general technologies. We discuss some of the implications for CO2-emissions models.
We provide a tractable framework for studying the e¤ects of group size and structure on the maximum level of a public good that can be provided in sequential equilibrium in repeated games with private monitoring. We restrict attention to games with "all-or-nothing" monitoring, in which in every period player i either perfectly observes player js contribution to the public good or gets no infor...
This paper provides experimental evidence on how players predict end-game effects in a linear public good game. Our regression analysis yields a measure of the relative importance of priors and signals on subjects’ beliefs on contributions and allows us to conclude that, first, the weight of the signal is relatively unimportant, while priors have a large weight and, second, priors are the same ...
We exploit the aggregative structure of the public good model to provide a simple analysis of the voluntary contribution game. In contrast to the best response function approach, ours avoids the proliferation of dimensions as the number of players is increased, and can readily analyse games involving many heterogeneous players. We demonstrate the approach at work on the standard pure public eco...
This paper analyzes an overlapping generation model of public good provision under repeated voting. The public good is financed through age-dependent taxation that distorts human capital investment. Taxes redistribute income both across different skill groups and across generations. We contrast the political equilibria with the Ramsey allocation, and analyze the sources of inefficiency. The pol...
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