- A-Z
- Jena Economic Resea...
- Volume 7
- Endogenous Communit...
Endogenous Community Formation and Collective Provision
- A Procedurally Fair Mechanism -
- Abgebildete Person
- Erschienen
- 21. März 2013
- Nummer des Discussion-Papers
-
2013-013
- Schlagwort(e)
-
Collective action
Equality axiom
Mechanism design
Procedural fairness
Public provision
- Zusammenfsg.
-
A group of actors, individuals or firms, can engage in collectively providing projects which may be costly or generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness (Güth and Kliemt, 2013), we derive a bidding mechanism determining endogenously who participates in collective provision, which projects are implemented, and the positive or negative payments due to the participating members. We justify and discuss this procedural fairness approach and compare it with that of optimal, e.g. welfaristic game theoretic mechanism design (e.g. Myerson, 1979).
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- JEL-Classification for JER
- D44 - Auctions ; D46 - Value Theory ; D61 - Allocative Efficiency; Cost–Benefit Analysis ; D62 - Externalities ; D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D71 - Social Choice; Clubs; Committees; Associations ; D72 - Models of Political Processes: Rent-Seeking, Elections, Legislatures, and Voting Behavior ; D73 - Bureaucracy; Administrative Processes in Public Organizations; Corruption ; D74 - Conflict; Conflict Resolution; Alliances