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Optimal Provision of Public Goods with Altruistic Individuals

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  • Eduardo Ley

    (Resources for the Future)

Abstract

We study the optimal provision of public goods in the context of a special class of altruistically linked utility functions. We show that the usual Samuelson condition holds as if the utility functions were independent.

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File URL: http://128.118.178.162/eps/pe/papers/9607/9607001.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Public Economics with number 9607001.

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Length: 5 pages
Date of creation: 08 Jul 1996
Date of revision: 06 Oct 2001
Handle: RePEc:wpa:wuwppe:9607001

Note: Type of Document - Postcript; prepared on MacOS 7.5, Textures 1.7, LW 8.1; to print on PostScript; pages: 5. Forthcoming Economics Letters.
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Web page: http://128.118.178.162

Related research

Keywords: Samuelson condition; Pareto efficiency;

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References

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  1. Bergstrom, Ted, 1989. "Love and Spaghetti, the Opportunity Cost of Virtue," Journal of Economic Perspectives, American Economic Association, vol. 3(2), pages 165-73, Spring.
  2. Bergstrom, Theodore C, 1999. " Systems of Benevolent Utility Functions," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 1(1), pages 71-100.
  3. Bernheim, B Douglas & Stark, Oded, 1988. "Altruism within the Family Reconsidered: Do Nice Guys Finish Last?," American Economic Review, American Economic Association, vol. 78(5), pages 1034-45, December.
  4. Barro, Robert J., 1974. "Are Government Bonds Net Wealth?," Scholarly Articles 3451399, Harvard University Department of Economics.
  5. Becker, Gary S, 1976. "Altruism, Egoism, and Genetic Fitness: Economics and Sociobiology," Journal of Economic Literature, American Economic Association, vol. 14(3), pages 817-26, September.
  6. Becker, Gary S, 1974. "A Theory of Social Interactions," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1063-93, Nov.-Dec..
  7. Abel, Andrew B & Bernheim, B Douglas, 1991. "Fiscal Policy with Impure Intergenerational Altruism," Econometrica, Econometric Society, vol. 59(6), pages 1687-1711, November.
  8. Bergstrom, Theodore C. & Cornes, Richard C., 1981. "Gorman and Musgrave are dual : An Antipodean theorem on public goods," Economics Letters, Elsevier, vol. 7(4), pages 371-378.
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Cited by:
  1. Paul Eckerstorfer & Ronald Wendner, 2013. "Asymmetric and Non-atmospheric Consumption Externalities, and Efficient Consumption Taxation," Economics working papers 2013-01, Department of Economics, Johannes Kepler University Linz, Austria.
  2. Arjan Non, 2011. "Gift-Exchange, Incentives, and Heterogeneous Workers," CESifo Working Paper Series 3547, CESifo Group Munich.

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