Public goods and optimal paternalism under present-biased preferences |
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| Authors: | Thomas Aronsson David Granlund |
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| Affiliation: | a Department of Economics, Umeå University, SE - 901 87 Umeå, Swedenb The Swedish Retail Institute (HUI), SE - 103 29 Stockholm, Sweden |
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| Abstract: | This paper concerns the provision of a state-variable public good in a two-type model under present-biased consumer preferences. The preference for immediate gratification facing the high-ability type weakens the incentive to adjust public provision in response to the self-selection constraint. |
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| Keywords: | D03 D61 H41 |
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