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Equitable Provision of Long-Term Public GoodsThe role of Negotiation Mandates

Jean-Charles Hourcade and Franck Lecocq ()

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Abstract: We examine the international distribution of expenditures for the provision ofa global, long-term and uncertain public goods from the point of view of abenevolent planner. Even assuming a "no-redistribution" constraint, first periodexpenditures are in general progressive with income, and independent both fromtotal level of action, and from future distribution of damages. However, instatus-quo mandates-where current negotiating powers shape both present andfuture allocation-future distributions of efforts are very unequal, andagreement, if any, is at high risk of instability. An adaptative mandate provesnecessary to provide an acceptable solution.

Keywords: Equitable Provision; Negotiation Mandates; Long-Term Public Goods (search for similar items in EconPapers)
Date: 2003-12-18
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