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a Nimby facility, the smaller is the distance, the lower is the individual benefit. The opposite is true in the case of … an anti-Nimby facility. We first characterize the optimal location which would be chosen by a social planner. Then we … introduce a common-agency lobbying game, where agents attempt to influence the location and provision decisions by the …
Persistent link: https://www.econbiz.de/10013316565
characterize the optimal location which would be chosen by a social planner. Then we introduce a common-agency lobbying game, where … non-lobbying neighborhoods may be better off and some lobbying ones worse off than in the case of complete lobbying. This … raises the possibility of free-riding at the lobbying stage. Finally, in the case of incomplete lobbying, there is over …
Persistent link: https://www.econbiz.de/10014055581
The analysis of common goods needs to look very carefully at the characteristics of the goods and of the social situations of their provision. Different characteristics lead to different strategic constellations and therefore to different opportunities for institutional solutions to the problems...
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We consider a (pure) public goods provision problem with voluntary participation in a quasi-linear economy. We propose a new hybrid solution concept, the free-riding-proof core (FRP-Core), which endogenously determines a contribution group, public goods provision level, and how to share the...
Persistent link: https://www.econbiz.de/10011694996
The analysis of common goods needs to look very carefully at the characteristics of the goods and of the social situations of their provision. Different characteristics lead to different strategic constellations and therefore to different opportunities for institutional solutions to the problems...
Persistent link: https://www.econbiz.de/10014131049
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