Public Good Provision with Convex Costs
This 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).
|Date of creation:||Dec 2011|
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- 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.
- Giuseppe Russo & Luigi Senatore, 2013.
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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.
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0805, Southern Methodist University, Department of Economics, revised Nov 2008.
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