Arbeitspapier
One-sided private provision of public goods with implicit Lindahl pricing
We consider a sequential game in which one player produces a public good and the other player can influence this decision by making an unconditional transfer. An efficient allocation requires the Lindahl property: the sum of the two (implicit) individual prices has to be equal to the resource cost of the public good. Under mild conditions this requires a personal price for the providing player that lies below half of the resource cost. These results can, for example, justify high marginal taxes on wages of secondary earners.
- Sprache
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 3295
- Klassifikation
-
Wirtschaft
Noncooperative Games
Allocative Efficiency; Cost-Benefit Analysis
Taxation and Subsidies: Efficiency; Optimal Taxation
Public Goods
- Thema
-
Lindahl pricing
noncooperative games
private provision of public goods
Stackelberg equilibrium
Soziale Wohlfahrtsfunktion
Öffentliches Gut
Allokationseffizienz
Duopol
Extensives Spiel
Nichtkooperatives Spiel
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Meier, Volker
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Meier, Volker
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2010