Should a benevolent government provide public goods if it cannot commit?
I compare two different systems of provision of binary public goods: a centralized system, operated by a benevolent government that has limited commitment power; and a decentralized system, based on voluntary contributions, where agents can communicate but cannot write contracts. I show that any ex‐...
| Publicado en: | Economic Inquiry Vol. 61; no. 3; pp. 720 - 738 |
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| Formato: | Artículo |
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Wiley-Blackwell
Jul2023
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| Acceso en línea: | Ver este registro en EBSCOhost |