Showing 1 - 10 of 63
We show that warm-glow motives in provision by competing suppliers can lead to inefficient charity selection. In these … situations, discretionary donor choices can promote efficient charity selection even when provision outcomes are non …-competitive effect on charity selection, raising the value of charity provision per dollar of funding. …
Persistent link: https://www.econbiz.de/10011084073
between social group size and fundraising outcomes: (i) a positive relationship between group size and the total number of …
Persistent link: https://www.econbiz.de/10011084626
We study contestability in non-profit markets where non-commercial providers supply a homogeneous collective good or service through increasing-returns-to-scale technologies. Unlike in the case of for-profit markets, in the non-profit case the absence of price-based sales contracts between...
Persistent link: https://www.econbiz.de/10011083303
We study competition between nonprofit providers supplying a collective service through increasing-returns-to-scale technologies. When providers adopt a not-for-profit mission, the absence of a residual claimant can impede entry, pro- tecting the position of an inefficient incumbent. Moreover,...
Persistent link: https://www.econbiz.de/10009367421
We describe a model of fundraising in social groups, where private information about quality of provision is …
Persistent link: https://www.econbiz.de/10009320406
The incidence of taxation and the design of an optimal tax system have been extensively discussed in the public finance literature but mainly within a competitive market setting or within a homogenous good (Cournot type) oligopoly. In a differentiated product oligopoly, the effect of taxation...
Persistent link: https://www.econbiz.de/10005504481
This paper uses a new economic geography model to analyze tax competition between two countries trying to attract internationally mobile capital. Each government may levy a source tax on capital and a lump sum tax on fixed labor. If industry is concentrated in one of the countries, the analysis...
Persistent link: https://www.econbiz.de/10005504508
This paper surveys the recent literature on the theory of macroeconomic policy. We study the effect of various incentive constraints on the policy-making process, such as lack of credibility, political opportunism, political ideology, and divided government. The survey is organized in three...
Persistent link: https://www.econbiz.de/10005498016
This paper provides factual evidence on the extent of public intervention in the Italian economy. It further illustrates the internal contradictions and weaknesses of public action in Italy. New policy proposals to solve old structural problems of the Bel Paese are then discussed. Among them, a...
Persistent link: https://www.econbiz.de/10005498095
Local merchant guilds were ubiquitous in medieval Europe, and their development was inextricably linked with the development of towns and the rise of the merchant class. We develop a theory of the emergence of local merchant guilds as an efficient mechanism to implement collusion among merchants...
Persistent link: https://www.econbiz.de/10004976786