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A Non-Cournot Model of Voluntary Collective Action

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  • Guttman, Joel M

Abstract

The interaction of selfish, rational actors in the provision of a public good is analyzed in an attempt to explain recent experimental findings as well as real-world cases of voluntary collective action. The model, which allows for more sophisticated behavior than that assumed by the conventional Cournot theory, predicts a higher level of collective action than that theory. The impacts of income effects and of the price elasticity of demand for the public good are given special emphasis. Copyright 1987 by The Review of Economic Studies Limited.

Suggested Citation

  • Guttman, Joel M, 1987. "A Non-Cournot Model of Voluntary Collective Action," Economica, London School of Economics and Political Science, vol. 54(213), pages 1-19, February.
  • Handle: RePEc:bla:econom:v:54:y:1987:i:213:p:1-19
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    8. Dulbecco, Philippe, 2003. "The Dynamics of the Institutional Change and the Market Economy: Understanding Contemporaneous Market Development Processes," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 16(2-3), pages 231-251, September.
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