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The creation of the Trifinio region, a sensitive biosphere reserve in northern Central America where the borders of El Salvador, Guatemala, and Honduras meet is a unique example of South-South Cooperation (SSC). Based on their experiences and lessons learned from the joint management of the Plan...
Persistent link: https://www.econbiz.de/10015360125
This paper derives the decision to found a nonprofit firm as the equilibrium outcome of a multistage game among individuals who would like a public good to be provided. The model predicts that if individuals will voluntarily contribute towards provision of the public good, then it is in the...
Persistent link: https://www.econbiz.de/10005515530
In two related papers, Kanedo (1977, 1977a) has proved an equibalence theorem relating the set of ratio equilibria of a public goods economy to the core of a strong voting game. This paper extends in two ways Kaneko's analysis to economies with jurisdictions, each producing a spedific public good.
Persistent link: https://www.econbiz.de/10005634039