Strategic decentralization and the provision of global public goods

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Strategic decentralization and the provision of global public goods

We study strategic decentralization in the provision of a global public good. A federation, with the aim of maximizing the aggregate utility of its members, may find it advantageous to decentralize the decision-making, so that its members act autonomously to maximize their own utility. If utility is...

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Bibliographic Details
Main Authors:	Foucart, Renaud, Wan, Cheng
Format:	Article
Published:	Elsevier 2017
Subjects:	Global public goods; Decentralization; Delegation
Online Access:	https://eprints.nottingham.ac.uk/49576/

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