Private provision of public goods under ...
Document type :
Article dans une revue scientifique: Article original
Permalink :
Title :
Private provision of public goods under price uncertainty: a comment
Author(s) :
Billette De Villemeur, Etienne [Auteur]
Lille économie management - UMR 9221 [LEM]
Cea-Echenique, Sebastián [Auteur]
Universidad de los Andes [Santiago] [UANDES]
Cuevas, Conrado [Auteur]

Lille économie management - UMR 9221 [LEM]
Cea-Echenique, Sebastián [Auteur]
Universidad de los Andes [Santiago] [UANDES]
Cuevas, Conrado [Auteur]
Journal title :
Social Choice and Welfare
Pages :
171-177
Publisher :
Springer Verlag
Publication date :
2024-05-09
ISSN :
0176-1714
HAL domain(s) :
Sciences de l'Homme et Société/Economies et finances
English abstract : [en]
We revise a result stating that there is a positive relationship between contributions and welfare in a public good provision game under price uncertainty (Gradstein et al. Soc Choice Welf 10(4):371–382, 1993). The authors ...
Show more >We revise a result stating that there is a positive relationship between contributions and welfare in a public good provision game under price uncertainty (Gradstein et al. Soc Choice Welf 10(4):371–382, 1993). The authors state in Proposition 3 that welfare decreases when price uncertainty induces a reduction in private contributions. By contrast, we show that, under certain conditions, a reduction in contributions can be associated with an improvement in consumer welfare. This result is important because public policy regarding the provision of public goods is often based on indicators such as citizen participation, which, as this note shows, may constitute a misleading signal.Show less >
Show more >We revise a result stating that there is a positive relationship between contributions and welfare in a public good provision game under price uncertainty (Gradstein et al. Soc Choice Welf 10(4):371–382, 1993). The authors state in Proposition 3 that welfare decreases when price uncertainty induces a reduction in private contributions. By contrast, we show that, under certain conditions, a reduction in contributions can be associated with an improvement in consumer welfare. This result is important because public policy regarding the provision of public goods is often based on indicators such as citizen participation, which, as this note shows, may constitute a misleading signal.Show less >
Language :
Anglais
Peer reviewed article :
Oui
Audience :
Internationale
Popular science :
Non
Collections :
Source :
Submission date :
2025-01-22T03:08:04Z