Stackelberg leadership and transfers in private provision of public goods
AbstractWe consider transfers in a Stackelberg game of private provision of a public good. It turns out that the agent who is the follower in the process of making voluntary contributions to a public good may have an incentive to make monetary transfers to the Stackelberg leader even in a situation where neither has a comparative advantage in making contributions to the public good. The Stackelberg leader is willing to accept such transfers if the actual contribution game is fully non-cooperative because the transfer generates a Pareto superior outcome. If the contributions in the Stackelberg equilibrium is the threat point of a possible cooperative Nash bargaining game, the Stackelberg leader will refuse to accept the transfer if she can.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Springer in its journal Review of Economic Design.
Volume (Year): 3 (1997)
Issue (Month): 1 ()
Note: Received: 30 June 1995 / Accepted: 18 February 1997
Contact details of provider:
Web page: http://link.springer.de/link/service/journals/10058/index.htm
Other versions of this item:
- Buchhilz, W. & Konrad, K.A. & Lommerund, K.E., 1997. "Stackelberg Leadership and Transfers in Private Provision of Public Goods," Norway; Department of Economics, University of Bergen 170, Department of Economics, University of Bergen.
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Vicary, Simon & Sandler, Todd, 2002. "Weakest-link public goods: Giving in-kind or transferring money," European Economic Review, Elsevier, vol. 46(8), pages 1501-1520, September.
- Russo, Giuseppe & Senatore, Luigi, 2011.
"A Note on Contribution Games with Loss Functions,"
33423, University Library of Munich, Germany.
- Matthew O. Jackson & Simon Wilkie, 2002.
"Endogenous Games and Mechanisms: Side Payments Among Players,"
- Matthew O. Jackson & Simon Wilkie, 2005. "Endogenous Games and Mechanisms: Side Payments Among Players," Review of Economic Studies, Oxford University Press, vol. 72(2), pages 543-566.
- Wilkie, Simon & Jackson, Matthew O., 2002. "Endogenous Games and Mechanisms: Side Payments Among Players," Working Papers 1150, California Institute of Technology, Division of the Humanities and Social Sciences.
- Rudolf Kerschbamer & Clemens Puppe, 1998.
"Voluntary contributions when the public good is not necessarily normal,"
Journal of Economics,
Springer, vol. 68(2), pages 175-192, June.
- Rudolf KERSCHBAMER & Clemens PUPPE, 1997. "Voluntary Contributions when the Public Good is not Necessarily Normal," Vienna Economics Papers vie9702, University of Vienna, Department of Economics.
- Andaluz, Joaquín & Marcén, Miriam & Molina, José Alberto, 2008.
"Dynamics of Intrahousehold Bargaining,"
IZA Discussion Papers
3757, Institute for the Study of Labor (IZA).
- Kessing, Sebastian Georg, 2003. "Delay in joint projects," Discussion Papers, Research Unit: Market Processes and Governance SP II 2003-15, Social Science Research Center Berlin (WZB).
- Miriam Beblo & Julio R. Robledo, 2003.
"The wage gap and the leisure gap for double earner couples,"
Vienna Economics Papers
0404, University of Vienna, Department of Economics.
- Miriam Beblo & Julio Robledo, 2008. "The wage gap and the leisure gap for double-earner couples," Journal of Population Economics, Springer, vol. 21(2), pages 281-304, April.
- Clemens Puppe & Rudolf Kerschbamer, 2001. "Sequential contributions to public goods: on the structure of the equilibrium set," Economics Bulletin, AccessEcon, vol. 8(3), pages 1-7.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).
If references are entirely missing, you can add them using this form.