Buchholz, Wolfgang and Sandler, Todd (2016) Olson's exploitation hypothesis in a public good economy: a reconsideration. PUBLIC CHOICE, 168 (1-2). pp. 103-114. ISSN 0048-5829, 1573-7101
Full text not available from this repository. (Request a copy)Abstract
Since the publication of Olson's (1965) The Logic of Collective Action, the exploitation hypothesis, in which the rich shoulder the provision burden of public goods for the poor, has held sway despite empirical exceptions. To address such exceptions, we establish two alternative exploitation hypotheses based on contributors' asymmetric preferences or on their productivity differences regarding the public good. The classic hypothesis and its two variants are proven in a novel fashion. For asymmetric preferences, we also establish the exploitation hypothesis for the joint products model with private and public co-benefits. Our theoretical insights are then illustrated by some empirical examples from the field of international public goods, such as military defense and cross-border pollution.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | PRIVATE PROVISION; EQUILIBRIUM; UNIQUENESS; ALLIANCES; ALTRUISM; PROTOCOL; RIDERS; Public goods; Exploitation hypothesis; Collective action; Asymmetric preferences |
| Subjects: | 300 Social sciences > 330 Economics |
| Divisions: | Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Finanzwissenschaft, insbesondere Umweltökonomie (Prof. Dr. Wolfgang Buchholz) |
| Depositing User: | Dr. Gernot Deinzer |
| Date Deposited: | 09 Apr 2019 11:37 |
| Last Modified: | 09 Apr 2019 11:37 |
| URI: | https://pred.uni-regensburg.de/id/eprint/3680 |
Actions (login required)
 |
View Item |
