scholarly journals An Incomplete Contracts Perspective on the Provision and Pricing of Excludable Public Goods

2010 ◽  
Author(s):  
Felix J. Bierbrauer
Keyword(s):  
Public Goods ◽  
Incomplete Contracts ◽  
Excludable Public Goods

Endogenous Power and Crises of the Liberal Order

2019 ◽  
Vol 139 (2-4) ◽  
pp. 385-406
Author(s):  
Richard Sturn
Keyword(s):  
Public Goods ◽  
Public Good ◽  
Network Externalities ◽  
Incomplete Contracts ◽  
Higher Order ◽  
Digital Economy ◽  
Economic Power ◽  
Political Force ◽  
Robust Algorithm ◽  
First Order

The liberal order is conceptualized as an artificial public good of higher order associated with nondiscriminatory provision of first-order public goods such as security and stability of possession. Problems of the liberal order and of liberalism as a political force are explained as a combined result of political challenges endogenously emerging in the economic sphere (including modern phenomena such as incomplete contracts, network externalities, and asymmetries specifically relevant in the digital economy), intertwined with problematic political reactions. There is no robust algorithm for coping with ensuing vicious circles of economic power and shadow politics, due to the intricacies of institutional adaptations required for maintaining the basic architecture of the liberal order under changing circumstances. Conclusions are offered with regard to current challenges of protectionist populism.

scholarly journals The Role of Prices for Excludable Public Goods

2005 ◽  
Vol 12 (1) ◽  
pp. 61-79 ◽  
Author(s):  
S�ren Blomquist ◽  
Vidar Christiansen
Keyword(s):  
Public Goods ◽  
Excludable Public Goods

Auction-Like Mechanisms for Pricing Excludable Public Goods

1999 ◽  
Vol 88 (2) ◽  
pp. 340-368 ◽  
Author(s):  
Rajat Deb ◽  
Laura Razzolini
Keyword(s):  
Public Goods ◽  
Excludable Public Goods

On the Privatization of Excludable Public Goods

1992 ◽  
Vol 58 (4) ◽  
pp. 904 ◽  
Author(s):  
Timothy J. Gronberg ◽  
Hae-Shin Hwang
Keyword(s):  
Public Goods ◽  
Excludable Public Goods
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