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作者:Lange, Andreas; List, John A.; Price, Michael K.
作者单位:University System of Maryland; University of Maryland College Park; Leibniz Association; Zentrum fur Europaische Wirtschaftsforschung (ZEW); University of Chicago; National Bureau of Economic Research; Nevada System of Higher Education (NSHE); University of Nevada Reno
摘要:The tontine, which is an interesting mixture of group annuity, group life insurance, and lottery, has a peculiar place in economic history. In the seventeenth and eighteenth centuries it played a major role in raising funds to finance public goods in Europe, but today it is rarely encountered outside of a dusty footnote in actuarial course notes or as a means to thicken the plot of a murder mystery. This study provides a formal model of individual contribution decisions under a modem variant o...
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作者:Bardhan, Pranab; Ghatak, Maitreesh; Karaivanov, Alexander
作者单位:University of London; London School Economics & Political Science; University of California System; University of California Berkeley; Simon Fraser University
摘要:We study the effect of inequality in the distribution of endowments of private inputs (e.g., land, wealth) that are complementary in production with collective inputs (e.g., contribution to public goods such as irrigation and extraction from common-property resources) on efficiency in a class of collective action problems. We focus on characterizing the joint surplus maximizing level of inequality, making due distinction between contributors and non-contributors, in a framework that allows us ...
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作者:Andreoni, James; Kanbur, Ravi
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作者:Besley, Timothy; Ghatak, Maitreesh
作者单位:University of London; London School Economics & Political Science
摘要:This paper explores the feasibility and desirability of Corporate Social Responsibility (CSR). We identify CSR with creation of public goods or curtailment of public bads. Using a model with profit-maximizing firms, the paper shows that there is it direct parallel between CSR and traditional models of private provision of public goods. Indeed, firms that use CSR will produce public goods at exactly the same level as predicted by the standard voluntary contribution equilibrium for public goods....
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作者:Cornes, Richard; Hartley, Roger
作者单位:University of Nottingham; University of Manchester
摘要:We suggest an alternative way of analyzing the canonical Bergstrom-Blume-Varian model of noncooperative voluntary contributions to a public good that avoids the proliferation of dimensions as the number of players is increased. We exploit this approach to analyze models in which the aggregate level of public good is determined as a more general social composition function of individual gifts - specifically, as a CES form - rather than as an unweighted sum. We also analyze Hirshleifer's weakest...
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作者:Dasgupta, Indraneel; Kanbur, Ravi
作者单位:University of Nottingham; Cornell University
摘要:We investigate how vertical unity within a community interacts with horizontal class divisions of an unequal income distribution. Community is conceptualized in terms of a public good to which all those in the community have equal access, but from which outsiders are excluded. We formulate the idea of redistributive tension, or class antagonism, in terms of the costs that poorer individuals would be willing to impose on the rich, to achieve a given gain in personal income. Our conclusion is th...
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作者:Duffy, John; Ochs, Jack; Vesterlund, Lise
作者单位:Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
摘要:Schelling Charitable contributions are frequently made over time. Donors are free to contribute whenever they wish and as often as they want, and are frequently updated on the level of contributions by others. A dynamic structure enables donors to condition their contribution on that of others, and, as Schelling [Schelling, Thomas C., The Strategy of Conflict Cambridge, MA: Harvard University Press, 1960.] suggested, it may establish trust thereby increasing charitable giving. Marx and Matthew...
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作者:Messer, Kent D.; Zarghamee, Homa
作者单位:University of Delaware; Santa Clara University; Cornell University
摘要:This research examines how three common contextual factors can affect contributions in the linear voluntary contributions mechanism (VCM). Using business student subjects and a low marginal per capita rate of return, the results show that contributions in the last of ten rounds range from 18% for the traditional VCM with no initial cheap talk, no voting, and a status quo of not giving to 94% in a VCM with initial cheap talk, voting, and a status quo of giving. The results demonstrate that cont...
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作者:Siqueira, Kevin; Sandler, Todd
作者单位:University of Texas System; University of Texas Dallas
摘要:This paper presents a three-stage proactive game involving terrorists, elected policymakers, and voters. In each of two targeted countries, a representative voter chooses an elected policymaker, charged with deciding proactive countermeasures to ameliorate a transnational terrorist threat. Two primary considerations drive the voters' strategic choice: free riding on the other countries' countermeasures and limiting a reprisal terrorist attack. The resulting low proactive countermeasures benefi...
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作者:Andreoni, James
作者单位:University of California System; University of California San Diego
摘要:When a single gift goes to a group of recipients, how does giving depend on the size of the group? This question is important for understanding charitable giving and fund-raising, public goods provision, family altruism, and more. If we think of the gift as giving up a dollar to create a social surplus, then we want to know how the number of recipients of that surplus affects its value to the giver. In other words, how congestible is altruism? This paper builds a theoretical framework for this...