We exploit the aggregative structure of the public good model to provide a simple analysis of the voluntary contribution game. In contrast to the best response function approach, ours avoids the proliferation of dimensions as the number of players is increased, and can readily analyse games involving many heterogeneous players.We demonstrate the approach at work on the standard pure public economic model and show how it can analyse extensions of the basic model.
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Paper provided by Centre for Economic Research, Keele University in its series Keele Economics Research Papers with number
KERP 2003/05.
Length: 29 pages Date of creation: Oct 2003 Date of revision: Publication status: Forthcoming in Journal of Public Economic Theory Handle: RePEc:kee:kerpuk:2003/05
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Order Information: Postal: Centre for Economic Research, Research Institute for Public Policy and Management, Keele University, Staffordshire ST5 5BG - United Kingdom Email: Web: http://www.keele.ac.uk/depts/ec/cer/pubs_kerps.htm
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Find related papers by JEL classification: C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
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