G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
On the Legitimacy of Coercion for the Financing of Public Goods
Felix Bierbrauer
发表日期2009
出处Economy and Society
出版年2009
语种英语
摘要The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay for public goods that they do not value. It is shown that participation constraints are desirable if public goods are provided by a malevolent Leviathan. By contrast, with a Pigouvian planner, efficiency can be achieved. Finally, the paper studies the delegation of public goods provision to a profit-maximizing firm. This also makes participation constraints desirable.
特色分类D02;D82;H41;L51
关键词Public goods Mechanism Design Incomplete Contracts Regulation
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/on-the-legitimacy-of-coercion-for-the-financing-of-public-goods/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117647
推荐引用方式
GB/T 7714
Felix Bierbrauer. On the Legitimacy of Coercion for the Financing of Public Goods. 2009.
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