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Empathy and the Efficient Provision of Public Goods

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NBER2021-09-01 更新2025-01-04 收录
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I consider the effect of empathy towards others on the internalization of interpersonal externalities and on private contributions to the provision of public goods. I show that if preferences are empathetic in the sense of depending on the well-being of others, then in an extreme case external

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2021-09-01
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