Toilet Cleaning and Department Chairing: Volunteering a public service
Who will do a job that nobody wants but that someone has to do? The search for a volunteer is modelled as a war of attrition in which everyone is tempted to just wait for someone else to do it. We show that the volunteer will be, ceteris paribus, the individual for whom the benefit/cost ratio of performing the public service is the largest, the one most impatient to consume it, or the one who stands to benefit from it the longest.
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|Date of creation:||1994|
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- Hendricks, Kenneth & Weiss, Andrew & Wilson, Charles, 1987.
"The War of Attrition in Continuous Time with Complete Information,"
87-03, C.V. Starr Center for Applied Economics, New York University.
- Hendricks, Ken & Weiss, Andrew & Wilson, Charles A, 1988. "The War of Attrition in Continuous Time with Complete Information," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 29(4), pages 663-80, November.
- Bliss, Christopher & Nalebuff, Barry, 1984. "Dragon-slaying and ballroom dancing: The private supply of a public good," Journal of Public Economics, Elsevier, vol. 25(1-2), pages 1-12, November.
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