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Competition in Public Service Provision : The Role of Not-for-Profit Providers

Besley, Timothy - 2018

With public services such as health and education, it is not straightforward for consumers to assess the quality of provision. Many such services are provided by monopoly not-for-profit providers and there is concern that for-profit providers may increase profit at the expense of quality. This...

Persistent link: https://www.econbiz.de/10012929480

CCS - Failing to Pass Decision Gates

Emhjellen, Magne; Osmundsen, Petter - CESifo - 2014

There is a planning gap for CCS projects in Europe. CCS demonstration plants are not implemented as expected. This fact is at odds with optimistic valuation reports that apply socio-economic valuation criteria for climate projects. However, CCS plants are in most cases to be implemented by...

Persistent link: https://www.econbiz.de/10010888457

Impure Prosocial Motivation in Charity Provision : Warm-Glow Charities and Implications for Public Funding

Scharf, Kimberly A. - 2013

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-verifiable. Government funding arrangements, on the other...

Persistent link: https://www.econbiz.de/10013072503

Are Donors Afraid of Charities' Core Costs? Scale Economies in Non-Profit Provision and Charity Selection

Perroni, Carlo - 2015

We study contestability in non-profit markets when non-commercial providers supply a homogeneous collective good through increasing-returns-to-scale technologies. Unlike in the case of for-profit competition, in the non-profit case the absence of price-based sales contracts means that fixed...

Persistent link: https://www.econbiz.de/10013031990

Donating Time or Money : Are They Substitutes or Complements?

Hartmann, Bastian - 2012

Decisions to donate time or money for charitable purposes are typically seen as make-or-buy decisions, implying that there should be a clear distinction between individuals engaging in one of these two forms of giving and that this distinction should be somehow linked to opportunity costs. But...

Persistent link: https://www.econbiz.de/10013105136

The International Organization of Production in the Regulatory Void

Herkenhoff, Philipp - 2020

In recent decades, a large and increasing number of leading firms in a diverse set of industries have faced allegations of ‘unethical' practices along their international value chains. In many cases this has triggered consumer boycotts and NGO campaigns, introducing a new link between upstream...

Persistent link: https://www.econbiz.de/10012852396

Merchants of Doubt : Corporate Political Influence When Expert Credibility is Uncertain

Chiroleu-Assouline, Mireille - 2016

A key role of science-based non-governmental organizations (NGOs) is to communicate scientific knowledge to policymakers. However, recent evidence has emerged showing that industry-backed groups often attempt to undermine the credibility of such NGOs and weaken their ability to influence policy....

Persistent link: https://www.econbiz.de/10012977549

Illiquidity and Under-Valuation of Firms

Gale, Douglas - 2012

We study a competitive model in which market incompleteness implies that debt-financed firms may default in some states of nature and default may lead to the sale of the firms' assets at fire sale prices when markets are illiquid. This incompleteness is the only friction in the model and the...

Persistent link: https://www.econbiz.de/10013116475

Basel Accord and Financial Intermediation : The Impact of Policy

Berka, Martin - 2013

This paper studies loan activity in a context where banks must follow Basel Accord-type rules and acquire financing from households. Loan activity typically decreases when entrepreneurs' investment returns decline, and we study which type of policy could revigorate an economy in a trough. We...

Persistent link: https://www.econbiz.de/10013091686

Inflation Targeting by Debtor Central Banks in Emerging Market Economies

Loeffler, Axel - 2013

to accumulate massive foreign reserves. If left unsterilized, the liquidity expansion can threaten domestic macroeconomic … stability. To contain domestic inflation these central banks absorb rather then provide liquidity in their regular monetary … surplus liquidity is less efficient, because absorbing liquidity raises the costs of monetary policy operations. By …

Persistent link: https://www.econbiz.de/10013094452