On the Private Provision of Contentious Public Characteristics
AbstractWe extend the standard public good provision model to allow players to either like or dislike the public characteristic. Those who dislike it are able to take actions to reduce its level. We present conditions under which the existence of a unique noncooperative equilibrium is retained, and analyze its normative and comparative static properties.
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Bibliographic InfoPaper provided by Australian National University, College of Business and Economics, School of Economics in its series ANU Working Papers in Economics and Econometrics with number 2012-577.
Length: 22 Pages
Date of creation: Jul 2012
Date of revision:
Other versions of this item:
- Richard Cornes & Dirk Rübbelke, 2012. "On the Private Provision of Contentious Public Characteristics," CESifo Working Paper Series 3881, CESifo Group Munich.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
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