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In developing countries, health care is often publicly provided and subsidized by the government. This is sometimes used as an instrument to redistribute income and to assure that the poor receive a...
Aggregation and Linearity in the Provision of Intertemporal Incentives.
In the market for medical care, physicians often face uncertainty about how a newly diagnosed patient will respond to available treatments. I design a framework to analyze how price and promotion in...
Most studies of the optimal provision of public goods or the excess burden from taxation assume that individual utility is independent of other individuals' consumption. This paper investigates public...
This paper studies quality choice in a model where consumers expect firms to act altruistically. It is shown that, under plausible assumptions regarding this altruism and the reaction of consumers to ...
A key role of corporate managers is to encourage subsidiaries to adopt innovative practices. This paper examines the conditions under which corporate managers use information provision to encourage su...
This article exploresthe contentious‘monetisation’ ofin-kind benefits(l’goty)that converted them into cash allowances and redistributed responsibility for welfare provision between federal and ...
This article examines the impact of electoral accountability on the level of public goods provision in Chinese villages. By conducting a nation-wide village-level survey and estimating two simultaneou...
Farmers provide not only agricultural products but also public goods and services. When analyzing farm performance, these different outputs should be modelled separately. In this study, we investigate...
Consumption of fossil fuel resources has been growing over the years and it is the kernel of economic development. However combustion which takes place principally in automobiles, power generation and...
This paper introduces a new model risk measure based on hedging strategies to estimate model risk and provision calculation under uncertainty of volatility. This measure allows comparing different pro...
Traditional market makers are losing their importance as automated systems have largely assumed the role of liquidity provision in markets. We update the model of Glosten and Milgrom (1985) to analyz...
This paper explores the possibility of improving efficiency in a society by providing meeting places for a fragmented society. In experimental and behavioral game theory, it is known that under certai...
Fiscal Decentralization and Local Public Good Provision in China XIN-QIAO PING & JIE BAI China Center for Economic Research (CCER) Peking University, Beijing100871 E-Mail: xqping@ccer.pku.edu.cn ...
For employer associations, decentralization of collective bargaining poses serious challenges to their traditional organizational roles, membership retention, and identity. In such cases increasing c...

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