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Ambiguity and Public Good Provision in Large Societies

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Author Info
Bailey, Ralph W. (The University of Birmingham)
Eichberger, Jürgen () (Sonderforschungsbereich 504)
Kelsey, David () (Department of Economics, The University of Birmingham)

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Abstract

In this paper we consider the effect of ambiguity on the private provision of public goods. Equilibrium is shown to exist and be unique. We examine how provision of the public good changes as the size of the population increases. We show that when there is uncertainty there may be less free-riding in large societies.

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Publisher Info
Paper provided by Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim in its series Sonderforschungsbereich 504 Publications with number 04-54.

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Length: 21 pages
Date of creation: 30 Nov 2004
Date of revision:
Handle: RePEc:xrs:sfbmaa:04-54

Note: For comments and discussion we would like to thank John Conley and participants in the Public Economic
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  18. Eichberger, J. & Kelsey, D., 1996. "E-Capacities and the Ellsberg Paradox," Discussion Papers 96-13, Department of Economics, University of Birmingham.
  19. Kelsey, D. & Milne, F., 1996. "Induced Preferences, Non Additive Probabilities and Multiple Priors," Discussion Papers 96-15, Department of Economics, University of Birmingham.
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  22. Forsythe Robert & Horowitz Joel L. & Savin N. E. & Sefton Martin, 1994. "Fairness in Simple Bargaining Experiments," Games and Economic Behavior, Elsevier, vol. 6(3), pages 347-369, May. [Downloadable!] (restricted)
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