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Accumulation of Public Goods and Population Change in a Voluntary Participation Game

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  • Okada, Akira

Abstract

We consider how public goods can be provided and accumulated over generations of self-interested individuals in the absence of a government authority. A dynamic voluntary participation game is presented to analyze interrelations among group formation, accumulation and population change. We show that the accumulation of public goods can mitigate the second-order dilemma of public goods and that it necessarily leads all individuals to participate in providing public goods in the long run. We discuss a positive effect of population increase on the accumulation of public goods.

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File URL: http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/16978/1/070econDP05-10.pdf
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Bibliographic Info

Paper provided by Graduate School of Economics, Hitotsubashi University in its series Discussion Papers with number 2005-10.

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Length: 31 p.
Date of creation: Nov 2005
Date of revision:
Handle: RePEc:hit:econdp:2005-10

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Web page: http://www.econ.hit-u.ac.jp/
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Keywords: public goods; voluntary participation; accumulation; group formation; population change;

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