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On the Private Provision of Public Goods: A Diagrammatic Exposition Author info | Abstract | Publisher info | Download info | Related research | Statistics Eduardo Ley (IMF)
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This paper surveys a selection of the literature on the private provision of public goods using the Kolm triangle. (The Kolm triangle is the analogue of an Edgeworth box in an economy with a public good.) We provide simple geometrical proofs of various established results using this graphical device. Our reference framework is the model of private contributions to public goods developed by Bergstrom, Blume and Varian (1986). With the Kolm triangle, we can easily study the existence and uniqueness of Nash equilibria, the effects of redistribution of the initial wealth, the level of provision in Stackelberg equilibria, the effects of subsidizing private contributions, and the implementation of Lindahl equilibria.
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Paper provided by EconWPA in its series Public Economics with number
9503001.
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Date of creation: 21 Mar 1995Date of revision:
15 Jul 1995Handle: RePEc:wpa:wuwppe:9503001Note: Section 5.2 on welfare-enhancing regressive redistributions was added in December 2002.Contact details of provider: Web page: http://129.3.20.41
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Keywords: Public Goods ; Nash Equilibrium ; Stackelberg Equilibrium ; Lindahl Equilibrium ; Kolm triangle ; Redistribution ; Subsidies ; Regressive Redistribution of Income ; Other versions of this item:
Find related papers by JEL classification: H41 - Public Economics - - Publicly Provided Goods - - - Public Goods H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
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references Cited by : (explanations , 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.)
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"Non cooperative household demand ,"
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Carmen Marcuello & Vicente Salas, 2000.
"Money and time donations to Spanish Non Governmental Organizations for development aid ,"
Investigaciones Economicas ,
Fundación SEPI, vol. 24(1), pages 51-73, January.
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Valérie Lechene & Ian Preston, 2007.
"Demand properties in household Nash equilibrium ,"
IFS Working Papers
W07/01, Institute for Fiscal Studies.
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Göran Bostedt, 1999.
"Threatened Species as Public Goods and Public Bads ,"
Environmental & Resource Economics ,
European Association of Environmental and Resource Economists, vol. 13(1), pages 59-73, January.
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Valerie Lechene & Ian Preston, 2005.
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Other versions: David P. Myatt & Chris Wallace, 2002.
"Equilibrium Selection and Public Good Provision ,"
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103, University of Oxford, Department of Economics.
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David P. Myatt & Chris Wallace, 2003.
"Evolution in Teams ,"
Economics Series Working Papers
177, University of Oxford, Department of Economics.
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