کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
969567 1479498 2006 19 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Discrete public goods under threshold uncertainty
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Discrete public goods under threshold uncertainty
چکیده انگلیسی

A discrete public good is provided when total contributions exceed the contribution threshold, yet the threshold is often not known with certainty. I show that the relationship between the degree of threshold uncertainty and equilibrium contributions and welfare is not monotonic. For a large class of threshold probability distributions, equilibrium contributions will be higher under increased uncertainty (e.g., a mean-preserving spread) if the public good's value is sufficiently high. Otherwise, and if another condition on the distribution's mode is met, contributions will be lower. The same result also obtains if a single-crossing condition of the pdfs is met.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Public Economics - Volume 90, Issues 6–7, August 2006, Pages 1181–1199
نویسندگان
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