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Preprints Working Papers ... Year : 2003

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

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.
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Dates and versions

halshs-00000968, version 1 (18-12-2003)

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  • HAL Id : halshs-00000968 , version 1

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Jean Charles Hourcade, Franck Lecocq. Equitable Provision of Long-Term Public GoodsThe role of Negotiation Mandates. 2003. ⟨halshs-00000968⟩
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Last update date on 5/5/24
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