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Esteem-based contributions and optimality in public goods supply

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  • Geoffrey Brennan
  • Michael Brooks

Abstract

In a paper published in this journal, Cowen (2002) argues that whenever compliance with norms is supported by the forces of esteem, there is “too little” norm compliance. In this paper, we show that Cowen’s logic is flawed – that when the operation of esteem-based norms is formally modelled, no such general a priori conclusion follows. We investigate the conditions that would be necessary to ensure that esteem incentives for public goods contributions generate optimality in public goods supply, and indicate on that basis the conditions for voluntary sub-optimal and supra-optimal public goods provision in the esteem context. Copyright Springer Science+Business Media, LLC 2007

Suggested Citation

  • Geoffrey Brennan & Michael Brooks, 2007. "Esteem-based contributions and optimality in public goods supply," Public Choice, Springer, vol. 130(3), pages 457-470, March.
    • Handle: RePEc:kap:pubcho:v:130:y:2007:i:3:p:457-470
    DOI: 10.1007/s11127-006-9098-9
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    References listed on IDEAS

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    1. Brennan, Geoffrey & Pettit, Philip, 2005. "The Economy of Esteem: An Essay on Civil and Political Society," OUP Catalogue, Oxford University Press, number 9780199289813.
    2. Cowen, Tyler, 2002. "The Esteem Theory of Norms," Public Choice, Springer, vol. 113(1-2), pages 211-224, October.
    3. Brennan, Geoffrey & Pettit, Philip, 2000. "The hidden economy of esteem," Economics and Philosophy, Cambridge University Press, vol. 16(1), pages 77-98, April.
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    Cited by:

    1. Geoffrey Brennan, 2015. "Olson and imperceptible differences: the Tuck critique," Public Choice, Springer, vol. 164(3), pages 235-250, September.
    2. Makoto Kakinaka & Koji Kotani, 2011. "An interplay between intrinsic and extrinsic motivations on voluntary contributions to a public good in a large economy," Public Choice, Springer, vol. 147(1), pages 29-41, April.
    3. Matthias Greiff, 2015. "Integrating Affective Responses into Game Theory: A Dual Selves Model," MAGKS Papers on Economics 201517, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    4. Brennan, Geoffrey & Brooks, Michael, 2011. "On the ‘cashing out’ hypothesis and ‘soft’ and ‘hard’ policies," European Journal of Political Economy, Elsevier, vol. 27(4), pages 601-610.

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