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Sequential contributions to public goods: on the structure of the equilibrium set

Author

Listed:
  • Clemens Puppe

    (University of Bonn)

  • Rudolf Kerschbamer

    (University of Vienna)

Abstract

This note clarifies two issues in the context of Varian's (1994) model of sequential contributions to a public good. First, it is shown that private provision of a public good is not necessarily neutral with respect to income transfers when agents move sequentially rather than simultaneously. Secondly, we discuss uniqueness of equilibrium in the sequential set-up.

Suggested Citation

  • Clemens Puppe & Rudolf Kerschbamer, 2001. "Sequential contributions to public goods: on the structure of the equilibrium set," Economics Bulletin, AccessEcon, vol. 8(3), pages 1-7.
    • Handle: RePEc:ebl:ecbull:eb-01h40003
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    References listed on IDEAS

    as
    1. (*), Kai A. Konrad & Wolfgang Buchholz & Kjell Erik Lommerud, 1997. "Stackelberg leadership and transfers in private provision of public goods," Review of Economic Design, Springer;Society for Economic Design, vol. 3(1), pages 29-43.
    2. Warr, Peter G., 1983. "The private provision of a public good is independent of the distribution of income," Economics Letters, Elsevier, vol. 13(2-3), pages 207-211.
    3. Bergstrom, Theodore & Blume, Lawrence & Varian, Hal, 1986. "On the private provision of public goods," Journal of Public Economics, Elsevier, vol. 29(1), pages 25-49, February.
    4. Varian, Hal R., 1994. "Sequential contributions to public goods," Journal of Public Economics, Elsevier, vol. 53(2), pages 165-186, February.
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    Cited by:

    1. Senatore, L, 2011. "Public Good Provision with Convex Costs," MPRA Paper 36984, University Library of Munich, Germany.

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    More about this item

    JEL classification:

    • H4 - Public Economics - - Publicly Provided Goods

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