Public Good Provision with Convex Costs
AbstractThis paper considers a model of voluntary public good provision with two players and convex costs. I demonstrate that the provision of public good is higher in the sequential framework under fairly general conditions. This outcome shows that introducing convex costs may reverse under some condition the results of Varian ( 1994).
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 36984.
Date of creation: Dec 2011
Date of revision:
Public Goods; Contribution Games; Private Provision of Public Goods;
Find related papers by JEL classification:
- D0 - Microeconomics - - General
- H40 - Public Economics - - Publicly Provided Goods - - - General
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-03-08 (All new papers)
- NEP-GTH-2012-03-08 (Game Theory)
- NEP-MIC-2012-03-08 (Microeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Parimal Bag & Santanu Roy, 2011.
"On sequential and simultaneous contributions under incomplete information,"
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- Giuseppe Russo & Luigi Senatore, 2012. "Who Contributes? A Strategic Approach to a European Immigration Policy," CSEF Working Papers 306, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Martimort, David & Moreira, Humberto, 2010. "Common agency and public good provision under asymmetric information," Theoretical Economics, Econometric Society, vol. 5(2), May.
- Varian, Hal R., 1994. "Sequential contributions to public goods," Journal of Public Economics, Elsevier, vol. 53(2), pages 165-186, February.
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