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|
|Date of revision:|
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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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- Parimal Bag & Santanu Roy, 2011.
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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.
- Giuseppe Russo & Luigi Senatore, 2013. "Who contributes? A strategic approach to a European immigration policy," IZA Journal of Migration, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 2(1), pages 1-16, December.
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- Varian, Hal R., 1994. "Sequential contributions to public goods," Journal of Public Economics, Elsevier, vol. 53(2), pages 165-186, February.
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