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...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| 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 |