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Persistent link: https://www.econbiz.de/10012543887
We examine whether the strategic delegation problem in interregional negotiations can be solved by a governmental policy. It is well known that when an interregional negotiation is delegated to representatives, each region elects its representative strategically, resulting in inefficient...
Persistent link: https://www.econbiz.de/10014118730
We examine the voluntary participation problem in negotiations on providing public goods. In contrast to earlier studies, negotiation is followed by renegotiation in our model. First, players decide whether to participate in a negotiation, and the participants produce a public good. The...
Persistent link: https://www.econbiz.de/10014343702
We examine a monopolistic supplier's decision about a pure public good when he/she must negotiate with beneficiaries of the good. In our model, while the level of the public good is decided unilaterally by the supplier, the cost share of the public good is negotiated between the supplier and...
Persistent link: https://www.econbiz.de/10011338329
A profit-maximizing public good supplier endogenously determines the level of the public good and simultaneously negotiates with beneficiaries of the good one by one. A pre-negotiation commitment on the production level of the public good by the supplier enhances the internalization of...
Persistent link: https://www.econbiz.de/10012903962
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