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@article{38229, author = {Hudík, Marek and Chovanculiak, Róbert}, article_number = {1}, doi = {http://dx.doi.org/10.1017/S1744137417000169}, keywords = {Voluntary provision; donations}, language = {eng}, issn = {1744-1374}, journal = {Journal of Institutional Economics}, title = {Private provision of public goods via crowdfunding}, url = {https://www.cambridge.org/core/journals/journal-of-institutional-economics/article/private-provision-of-public-goods-via-crowdfunding/129247D66AC73D957838A3F88763B277}, volume = {14}, year = {2018} }
TY - JOUR ID - 38229 AU - Hudík, Marek - Chovanculiak, Róbert PY - 2018 TI - Private provision of public goods via crowdfunding JF - Journal of Institutional Economics VL - 14 IS - 1 SP - 23-44 EP - 23-44 SN - 1744-1374 KW - Voluntary provision KW - donations UR - https://www.cambridge.org/core/journals/journal-of-institutional-economics/article/private-provision-of-public-goods-via-crowdfunding/129247D66AC73D957838A3F88763B277 L2 - https://www.cambridge.org/core/journals/journal-of-institutional-economics/article/private-provision-of-public-goods-via-crowdfunding/129247D66AC73D957838A3F88763B277 N2 - For various reasons, governments sometimes fail to provide public goods. Private provision of such goods might then be used if it succeeds in overcoming three main problems: high organization costs, the assurance problem, and the free-rider problem. We argue that technologies that enable crowdfunding – the method of funding projects by raising small amounts of money from a large number of people via the internet – have enabled these problems to be overcome more readily. Such technology has lowered organization costs and enabled the employment of more efficient mechanisms to reduce the assurance and free-rider problems. To illustrate these effects, we present two case studies of private provision of public goods via crowdfunding: police services in Rockridge in Oakland, California, and the Ukraine Army. ER -
HUDÍK, Marek a Róbert CHOVANCULIAK. Private provision of public goods via crowdfunding. \textit{Journal of Institutional Economics}. 2018, roč.~14, č.~1, s.~23-44. ISSN~1744-1374. Dostupné z: https://dx.doi.org/10.1017/S1744137417000169.
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