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).
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- Martimort, David & Moreira, Humberto, 2010.
"Common agency and public good provision under asymmetric information,"
Econometric Society, vol. 5(2), May.
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"Who contributes? A strategic approach to a European immigration policy,"
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