Club Theory: Thirty Years Later
AbstractThis paper presents a self-contained survey of club theory with an emphasis on the contributions of the last fifteen years. Club goods are contrasted with pure public goods, and equilibrium and optimality notions are contrasted. After presenting three basic representations of club theory, the authors focus on recent advances and generalizations that include heterogeneous memberships, transaction costs, uncertain utilization, asymmetric information, and noncompetitive influences. An agenda for research is indicated that includes further analysis of asymmetric information, institutional structure, and applications. Copyright 1997 by Kluwer Academic Publishers
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Bibliographic InfoPaper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 1226.
Date of creation: 01 Dec 1997
Date of revision:
Publication status: Published in Public Choice, December 1997, vol. 93 no. 3-4, pp. 335-355
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Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Phone: +1 515.294.6741
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Web page: http://www.econ.iastate.edu
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RePEc Biblio mentionsAs found on the RePEc Biblio, the curated bibliography for Economics:CitEc Project, subscribe to its RSS feed for this item.
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- repec:ebl:ecbull:v:8:y:2006:i:13:p:1-11 is not listed on IDEAS
- Leeson, Peter T., 2011. "Government, clubs, and constitutions," Journal of Economic Behavior & Organization, Elsevier, vol. 80(2), pages 301-308.
- John Tschirhart, 2003. "Ecological Transfers in Non-Human Communities Parallel Economic Markets in a General Equilibrium Ecosystem Model," Journal of Bioeconomics, Springer, vol. 5(2), pages 193-214, May.
- Ahrens, Joachim & Ohr, Renate & Zeddies, Götz, 2006. "Enhanced cooporation in an enlarged EU," Center for European, Governance and Economic Development Research Discussion Papers 53, University of Goettingen, Department of Economics.
- Franks, Jeremy, 2010. "Boundary organizations for sustainable land management: The example of Dutch Environmental Co-operatives," Ecological Economics, Elsevier, vol. 70(2), pages 283-295, December.
- Akutagawa, Kazunori & Mun, Se-il, 2005. "Private goods provided by local governments," Regional Science and Urban Economics, Elsevier, vol. 35(1), pages 23-48, January.
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