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welfare. In contrast, a Nash player follows the individual rationality criterion: He would deviate if, assuming all others do …
Persistent link: https://www.econbiz.de/10012668905
We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the … the set of all feasible thresholds, accounting for the cost in terms of welfare of achieving these rights. We apply the …
Persistent link: https://www.econbiz.de/10010281039
We develop a theoretical model in which each individual is, in some ultimate sense, motivated by purely egoistic satisfaction derived from the goods accruing to him, but there is an implicit social contract such that each performs duties for the others in a way that enhances the satisfaction of...
Persistent link: https://www.econbiz.de/10005100589
We show that the famous neutrality result in the theory of public good contributions (Warr, Kemp, Bergstrom, Blume and Varian) depends crucially on the assumption that agents do not take into account the effect of their public good contribution decisions on the relative price of the private...
Persistent link: https://www.econbiz.de/10005101023
We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the … the set of all feasible thresholds, accounting for the "cost in terms of welfare" of achieving these rights. We apply the …
Persistent link: https://www.econbiz.de/10010927919
We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the … the set of all feasible thresholds, accounting for the “cost in terms of welfare” of achieving these rights. We apply the …
Persistent link: https://www.econbiz.de/10009651182
We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the … the set of all feasible thresholds, accounting for the "cost in terms of welfare" of achieving these rights. We apply the …
Persistent link: https://www.econbiz.de/10010538867
We study the role of tax share and transparency of governance on growth and stagnation. A local government maximizes its private benefits using two activities. The first one consists of providing local public goods that help local firms to increase profits, thus enlarging tax revenue. The second...
Persistent link: https://www.econbiz.de/10011450277
We study the role of tax share and transparency of governance on growth and stagnation. A local government maximizes its private benefits using two activities. The first one consists of providing local public goods that help local firms to increase profits, thus enlarging tax revenue. The second...
Persistent link: https://www.econbiz.de/10010261236
We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the … the set of all feasible thresholds, accounting for the "cost in terms of welfare" of achieving these rights. We apply the …. -- rights ; intergenerational equity ; welfare ; sustainability …
Persistent link: https://www.econbiz.de/10009503827