Cooperation and Effort in Group Contests
AbstractWe consider a two group contest over a group specific public good comparing two situations: (i) where all players act independently; and (ii) where the players of each group cooperate. This comparison leads us to the conclusion that it is possible for one group to contribute more (and have a higher expected payoff) in the non-cooperative regime than in the cooperative regime. .
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 32 (2012)
Issue (Month): 1 ()
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Contests; rent seeking; public good; easy-riding;
Other versions of this item:
- H4 - Public Economics - - Publicly Provided Goods
- D7 - Microeconomics - - Analysis of Collective Decision-Making
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