Browsing by Subject "Free-riding"
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Item Open Access Strategic information revelation in fundraising(Elsevier BV, 2003) Bac, M.; Bag, P. K.We consider a model of voluntary contributions for a public project with random number of potential contributors. The fundraiser, who observes this number, has to decide whether to reveal or suppress the information before contributions are given. The fundraiser’s objective is to collect maximal contributions. We show that whether the public project is convex or non-convex can be the key to the fundraiser’s announcement decision. In the convex case, this number is always revealed. In the non-convex case the number may not be revealed at all or sometimes revealed only when it is in an intermediate range. In the presence of multiple equilibria, total contributions increase with the extent of concealment. 2002 Elsevier Science B.V. All rights reserved.Item Open Access What do we know about the interactions between trade and the environment?(Nova Science Publishers, 2002) Alpay, Savaş; Smith, E. V.Does trade liberalization increase (global) environmental degradation? Do environmental regulations hinder the competitiveness of domestic industries against their foreign rivals? Can trade policies be used as an enforcement tool for the international environmental agreements to protect the global environment? We present a survey of the trade and the environment literature from these perspectives. Mainstream economic argument- that free trade is beneficial to every participant has been questioned by many authors who formally consider environmental consequences of trade liberalization in their studies. Secondly, the supposedly adverse effects of environmental policies on international competitiveness have not been supported by empirical studies. Finally, it has been shown that free riding on the contribution to global environmental protection of other countries becomes less likely when the countries are trade partners to each other.