Optimal ownership of public goods reconsidered

DOI10.1016/j.econlet.2014.08.003zbMath1310.91065OpenAlexW3121642917MaRDI QIDQ2343312

Patrick W. Schmitz

Publication date: 5 May 2015

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2014.08.003

zbMATH Keywords

incomplete contractspublic goodsbargainingownershipinvestment incentives

Mathematics Subject Classification ID

Public goods (91B18) Auctions, bargaining, bidding and selling, and other market models (91B26)

Cites Work

• Unnamed Item
• Location and ownership of public goods
• The outside option, threat point, and Nash bargaining solution
• Incomplete contracts and optimal ownership of public goods
• Government Versus Private Ownership of Public Goods
• Unforeseen Contingencies and Incomplete Contracts
• Foundations of Incomplete Contracts
• Does Asset Ownership Always Motivate Managers? Outside Options and the Property Rights Theory of the Firm