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A constitutional theory of public goods

Article Abstract:

Constitutional choice determines public from private goods, contrary to the conventional definition of public goods which identifies a class of goods which the market cannot provide. Utility interdependence in consumption is the basis of individuals in choosing what good should be provided publicly at the constitutional level. While a constitutional theory of public goods provides a stronger rationale than the conventional market failure theory, it has some policy implications: there should be a strong definition of public powers and institutional designs should be made more carefully.

Author: Marmolo, Elisabetta
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 1999
Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs), Public Assistance & Income Supplements, Utility theory, Utility functions, Social choice

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Anonymity and the voluntary provision of public goods

Article Abstract:

Experimental research on the voluntary provision of public goods show that participants allocate some of their resources to these goods when the full-information noncooperative equilibrium is zero provision of the public good. It is investigated whether the difference in empirical findings and the Nash prediction is due to lack of anonymity.

Author: Laury, Susan K., Williams, Arlington W., Walker, James M.
Publisher: Elsevier B.V.
Publication Name: Journal of Economic Behavior & Organization
Subject: Economics
ISSN: 0167-2681
Year: 1995
Collective behavior

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Subjects list: Research, Public goods
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