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Public goods and optimal paternalism under present-biased preferences
Umeå University, Faculty of Social Sciences, Department of Economics.
Umeå University, Faculty of Social Sciences, Department of Economics.
2011 (English)In: Economics Letters, ISSN 0165-1765, E-ISSN 1873-7374, Vol. 113, no 1, 54-57 p.Article in journal (Refereed) Published
Abstract [en]

This paper concerns the provision of a state-variable public good in a two-type model under present-biased consumer preferences. The preference for immediate gratification facing the high-ability type weakens the incentive to adjust public provision in response to the self-selection constraint.

Place, publisher, year, edition, pages
Amsterdam: North-Holland , 2011. Vol. 113, no 1, 54-57 p.
Keyword [en]
public goods, quasi-hyperbolic discounting, redistribution, asymmetric information
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-37231DOI: 10.1016/j.econlet.2011.05.030ISI: 000295151100016OAI: oai:DiVA.org:umu-37231DiVA: diva2:358432
Available from: 2010-10-21 Created: 2010-10-21 Last updated: 2017-12-12Bibliographically approved

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Public goods and optimal paternalism under present-biased preferences(160 kB)100 downloads
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CiteExportLink to record
Permanent link

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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf