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contributions. Common in charitable fundraising during capital campaigns is seed money, either from a government grant or from a …
Persistent link: https://www.econbiz.de/10014066185
inform fundraising choices. …
Persistent link: https://www.econbiz.de/10010502690
When the private incentives faced by individuals in a society are not properly aligned with their shared goals, a collective action problem arises. This paper focuses on the free-rider problem of aid, the collective action problem of getting people to contribute privately to charity. It examines...
Persistent link: https://www.econbiz.de/10013217120
Richard Musgrave coined the terminology of merit wants and merit goods in the 1950s in the context of the theory of …, as well as some social interests. Mainstream economic theory tends to reduce all normative concerns to individual …
Persistent link: https://www.econbiz.de/10012928121
We experimentally investigate the path dependence of voluntary contributions in a public good game with heterogeneous agents who vary in their ability to increase the public good. More specifically, we analyze whether contribution norms observed in a first phase of the experiment under a...
Persistent link: https://www.econbiz.de/10013236463
Using a diagram called a "Kolm triangle" adopted in Kolm (197'7, the important issues of 1) Pareto efficiency and the core, and 2) Lindahl equilibrium and the core in the resource allocation problem involving public goods analyzed by Foley (197'7 and Nikaido (1976) can be illustrated merely...
Persistent link: https://www.econbiz.de/10014170433
Most of the literature on government intervention in models where public goods are provided through voluntary contributions focuses on interventions that change the total level of a public good, which is known to be (almost always) underprovided relative to the "efficient" level. However,...
Persistent link: https://www.econbiz.de/10014067875
We prove existence and generic regularity of equilibria in a general equilibrium model of a completely decentralized pure public good economy. Competitive firms using private goods as inputs produce the public good, which is privately provided by households. Previous studies on private provision...
Persistent link: https://www.econbiz.de/10014068959
We analyze a general equilibrium model of a completely decentralized pure public good economy. Competitive firms using private goods as inputs produce the public good, which is privately provided by households. Previous studies on private provision of public goods typically use one private good,...
Persistent link: https://www.econbiz.de/10014068996
Persistent link: https://www.econbiz.de/10001369246