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We examine how inequality in the endowment of secure wealth, mediated through voluntary public good provision, affects rent-seeking within and between groups. We model a scenario where two communities, each internally differentiated into rich, intermediate and poor segments, contest one another...
Persistent link: https://www.econbiz.de/10012703084
We examine how cross-community cost or benefit spillovers, arising from the consumption of group-specific public goods, affect both inter-group conflicts over the appropriation of such goods and decentralized private provision for their production. Our model integrates production versus...
Persistent link: https://www.econbiz.de/10012295566
We examine how cross-community cost or benefit spillovers, arising from the consumption of group-specific public goods, affect both inter-group conflicts over the appropriation of such goods and decentralized private provision for their production. Our model integrates production versus...
Persistent link: https://www.econbiz.de/10012614103
We examine how inequality in the endowment of secure wealth, mediated through voluntary public communities, each internally differentiated into rich, intermediate and poor segments, contest one another for the division of some rent. Any rent accruing to a community is distributed internally...
Persistent link: https://www.econbiz.de/10012792712
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We consider a two-person Cournot game of voluntary contributions to a public good with identical individual preferences, and examine equilibrium aggregate welfare under a separable, symmetric and concave social welfare function. Assuming the public good is pure, Itaya, de Meza and Myles (Econ....
Persistent link: https://www.econbiz.de/10003808609
We model a rent-seeking contest among two "identity ideologues", differentially located along a uni-dimensional identity continuum, and a "mercenary", who can choose any location in-between. The contest jointly awards an identity-relevant good ("religion") and an identity-irrelevant good...
Persistent link: https://www.econbiz.de/10015064493
This note develops a method of recovering individual preferences, and of obtaining money-metricindividual welfare comparisons, from demand functions generated by Cournot-Nash equilibria ingames with public goods.
Persistent link: https://www.econbiz.de/10005869209