Equitable Provision of Long-Term Public Goods : The Role of Negotiation Mandates

In a one-period model, whether or not individual weights in the welfare function are based on initial endowments dictate who provides public goods. But with long-term public goods, banning wealth redistribution still allows for several equilibriums...

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Bibliographic Details
Main Authors:	Lecocq, Franck, Hourcade, Jean-Charles
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ABATEMENT ABATEMENT COST FUNCTIONS ABATEMENT COSTS ATMOSPHERE BENCHMARK BIODIVERSITY CARBON CLIMATE CLIMATE CHANGE COST FUNCTIONS DAMAGES DEVELOPED COUNTRIES DEVELOPING COUNTRIES DISCOUNT RATE DISCOUNT RATES DISTRIBUTION OF WEALTH ECONOMIC CONSEQUENCES ECONOMICS ECONOMISTS EMISSION EMISSION RIGHTS EMISSIONS EMISSIONS RIGHTS EMISSIONS TRADING ENGINEERING ENTITLEMENTS EQUATIONS EQUILIBRIUM EXPENDITURES EXPERIMENTS EXTERNALITY FRAMEWORK CONVENTION ON CLIMATE CHANGE GDP GLOBAL WARMING GREENHOUSE GASES GROWTH RATE INCOME INCOME DISTRIBUTION INCOME LEVELS INTERGENERATIONAL EQUITY MARGINAL ABATEMENT MARGINAL ABATEMENT COSTS MARGINAL BENEFITS MARGINAL COST MARGINAL COST OF PRODUCTION MARGINAL DAMAGE FUNCTION MARGINAL UTILITY MULTIPLIERS NATIONAL INCOME OZONE OZONE LAYER PER CAPITA INCOME POLITICAL ECONOMY PUBLIC GOOD PUBLIC GOODS SUB-SAHARAN AFRICA TEMPERATURE UNCERTAINTY UTILITY FUNCTION UTILITY FUNCTIONS WEALTH WELFARE FUNCTION
Online Access:	http://documents.worldbank.org/curated/en/2003/12/5278693/equitable-provision-long-term-public-goods-role-negotiation-mandates http://hdl.handle.net/10986/17431

Internet

http://documents.worldbank.org/curated/en/2003/12/5278693/equitable-provision-long-term-public-goods-role-negotiation-mandates
http://hdl.handle.net/10986/17431

Equitable Provision of Long-Term Public Goods : The Role of Negotiation Mandates

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