This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We … show that the optimal allocation depends on technological factors, the parties' valuations of the goods produced, and the … degree of impurity of these goods. When the degree of impurity is large, control rights should be given to the main investor …

. Our results are consistent with the theory of strategic ambiguity of Bernheim and Whinston (1998) and can be rationalized …

goods framework to allow donors to contribute through an intermediary rather than directly to the public goods. Through a … when the intermediary is formally committed to direct donations to socially beneficial goods. Without such a restriction …

total factor productivity. We provide empirical evidence in line with the predictions of our theory …