Public goods and optimal paternalism under present-biased preferences

• This paper concerns the provision of a state-variable public good in a two-type model under present-biased consumer preferences. The preference for immediate gratification facing the high-ability type weakens the incentive to adjust public provision in response to the self-selection constraint.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Economics (hsv//eng)

Nyckelord

public goods

quasi-hyperbolic discounting

redistribution

asymmetric information

Economics

Nationalekonomi

nationalekonomi

Economics

Publikations- och innehållstyp

ref (ämneskategori)

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