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 CESifo Group Munich in its series CESifo Working Paper Series with number 3881.
Date of creation: 2012
Date of revision:
public goods; public bads; aggregative games;
Other versions of this item:
- Richard Cornes & Dirk Rübbelke, 2012. "On the Private Provision of Contentious Public Characteristics," ANU Working Papers in Economics and Econometrics 2012-577, Australian National University, College of Business and Economics, School of Economics.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
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