We design profit-maximizing mechanisms to sell an excludable and non-rival good with positive and/or negative network effects. Buyers have heterogeneous private values that depend on how many others also consume the good. In optimum, an endogenous number of the highest types consume the good,...

We design the profit-maximizing mechanism to sell an excludable and nonrival good with network effects. Buyers have heterogeneous private values that depend on how many others also consume the good. In optimum, an endogenous number of the highest types shares consumption, and we provide an...

Participation in social groups ties members to local communities. Employers can capture these benefits as rents when geographically-specific club goods raise the cost of labor mobility. We measure ties to local clubs using the shares of households identifying with a minority religion, enrollment...

Soil tests provide information that can help farmers to reduce costs, increase yields and profits, and contribute to sustainable soil health, yet they are rarely used. In this study, we elicit small-scale farmers' willingness-to-pay (WTP) for rapid, low-cost soil tests using incentive-compatible...

This paper examines the effects of a global club good opportunity on local public good provision when interactions are indefinitely repeated linear public good game setting with a voluntary contribution mechanism. In particular, the study varies the global club entry cost and the local community...

In a recent article, William Darity, M’Balou Camara, and Nancy MacLean (2023) argue that economist W.H. Hutt was a white supremacist. In the course of their analysis, Darity et al. refer to a claim Hutt made about “exclusive clubs”, that they link to James Buchanan’s article on clubs...

A recurring theme in the study of society is the concentration of influence and power that is driven through unequal membership of groups and associations. In some instances, these bodies constitute a small world while in others they are fragmented into distinct cliques. This paper presents a...

The paper proposes an agreement structure that extends Nordhaus's (2015) climate club by adding a second tier. Countries outside the coalition are required to price carbon at a fixed fraction of the average carbon price adopted within the coalition, or face tariffs. Coalition countries abate...

As food system contributes approximately 34% of global greenhouse gas (GHG) emissions, individuals’ decisions on what to eat and where to purchase food have a consequential effect on the environment. With their fast growth and unique shopping environment (e.g., lower prices, larger package...

The paper studies the club equilibria in a setting where individuals not only trade private goods but can choose to become members of a finite number of clubs, where each club is defined by the external characteristics of its members and the activity in which the club is engaged. The main result...

Aim: In this paper, it is argued that in complex financial systems private goods, important for the creation of a market, have to be considered in a multiple of differing property rights structures necessary for the functioning of the system. This may lead to high transaction costs and adverse...

We study how author-editor and author-reviewer network connectivity and "match" influence editor decisions and reviewer recommendations of economic research at the Journal of Human Resources. Our empirical strategy employs several dimensions of fixed effects to overcome concerns of endogenous...

This chapter provides an overview of entrepreneurship clubs. It charts the development of these organizations, as a form of extracurricular activity. It introduces different forms of entrepreneurship club, such as Junior Achievement and Enactus, and explains how they grew from 1919 to the...

This study examines whether there is convergence in military expenditures among NATO countries by using Philips and Sul (2007) convergence methodology. We obtained the primary dataset of 27 NATO member countries between 2009 and 2021 for their military expenditures to accomplish this. The...

Does social capital always promote solidarity and democracy, or are social networks such as sports clubs also vulnerable to populism? We exploit quasi-experimental variation in sports club membership in German cities. Sports clubs are booming in cities with successful soccer teams which pass the...

The Element identifies the logic of how the European Union (EU) has developed both in terms of the way the organization works and the way it has expanded to include new member states. It combines insights from the economic theories related to clubs and common-pool resources. The argument is that...

Club varieties are protected horticultural varieties that farmers can grow only with the agreement of the intellectual property right holder (breeder). They contribute to the development of vertically coordinated value chains where breeders act as leading firms, because they can control both...

A two-tier climate club exploits the comparative advantage of large countries to mete out punishments through trade, while taking their capacity to resist punishment as a constraint. Countries outside the coalition price carbon at a fixed fraction of the average carbon price adopted within the...

Free riding incentives make it difficult to control climate change. To improve the chances of the Paris Agreement's ambitious goal, many nations are forming scientific networks in carbon capture and storage (CCS). These networks take many forms (bilateral, hub-and-spoke, and multilateral)....

Soccer fandom: a popular research topic -- 2. The role of fans and fan clubs from a management perspective -- 3. The management of sports clubs as stakeholder management -- 4. Member associations under pressure -- 5. The role of the media in soccer -- 6. Structural measures for the integration...