Pareto Improving Lotteries and Voluntary Public Goods Provision

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Pareto Improving Lotteries and Voluntary Public Goods Provision

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Alexander Karaivanov (Simon Fraser University)

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Alexander K. Karaivanov

Abstract

This paper characterizes the utility possibility frontier resulting in a model of private voluntary provision of a public good. It is shown that ex-ante lotteries over resource distributions among the agents can be Pareto improving. A corollary is that an equal distribution of resources among the agents, or any distribution where all agents contribute in equilibrium, is always Pareto dominated by a lottery between two unequal distributions.

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Publisher Info
Article provided by Berkeley Electronic Press in its journal The B.E. Journal of Theoretical Economics.

Volume (Year): topics.6 (2006)
Issue (Month): 1 ()
Pages:
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Handle: RePEc:bpj:bejtec:v:topics.6:y:2006:i:1:n:9

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Find related papers by JEL classification:
H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

References listed on IDEAS
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Other versions:
- Ted Bergstrom & Larry Blume & Hal Varian, 1986. "On the Private Provision of Public Goods," University of California at Santa Barbara, Economics Working Paper Series 1986B, Department of Economics, UC Santa Barbara. [Downloadable!]
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Other versions:
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