From Lindahl’s Garden to Global Warming: How Useful is the Lindahl Approach in the Context of Global Public Goods?
2006 ◽
Vol 24
(2)
◽
pp. 81-98
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Abstract In what sense is the Lindahl approach useful for analyzing global public goods? After introducing the positive and normative parts of the Lindahl approach we look at the relation to the Nash-Cournot model of voluntary provision. An integration of both blurs the subtle difference between an explicit bargain about the cost sharing and the implicit bargain by providing individual quantities of the collective good. We take a closer look on the possible relevance of this difference in relation to problems of global public goods that are usually seen more in line with a private provision process not envisaged by Lindahl.
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2019 ◽
Vol 35
(5E)
◽
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