On the private provision of public goods
Reads0
Chats0
TLDR
In this article, the authors consider a general model of non-cooperative provision of a public good and show that there is always a unique Nash equilibrium in the model and characterize the properties and the comparative statics of the equilibrium.About:
This article is published in Journal of Public Economics.The article was published on 1986-02-01 and is currently open access. It has received 2237 citations till now. The article focuses on the topics: Public good & Public goods game.read more
Citations
More filters
Journal ArticleDOI
Income and wealth heterogeneity in the voluntary provision of linear public goods
Edward F. Buckley,Rachel Croson +1 more
TL;DR: The authors examined the effect of income and wealth heterogeneity in the voluntary provision of a linear public good and found that less wealthy subjects gave the same absolute amount (and more as a percentage of their income) as the more wealthy subjects.
Journal ArticleDOI
Financing Public Goods by Means of Lotteries
TL;DR: For example, the authors show that when heterogeneous individuals with quasi-linear preferences participate in lotteries whose proceeds will be used to fund a public good, wagers in the unique lottery equilibrium increase the provision of the public good.
Posted Content
A survey of theories of the family
TL;DR: Bergstrom as discussed by the authors explores the theory of household technology and the associated possibilities for distributing utility among household members, and explores decision theory within the household, drawing on standard consumer decision theory.
Posted Content
Collective Household Models: Principles and Main Results
TL;DR: In this paper, the authors present a survey of different collective household models, each with their own aims and assumptions, and show how different collective households models are connected, in addition to providing an introduction to the collective approach.
Journal ArticleDOI
The Law of the Few
Andrea Galeotti,Sanjeev Goyal +1 more
TL;DR: In this paper, the authors show that the law of the few naturally emerges in environments with identical rational agents and develop a strategic game in which players have the opportunity to invest in collecting information as well as in investing in bilateral connections with others.
References
More filters
Book
A Treatise on the Family
TL;DR: The Enlarged Edition as mentioned in this paper provides an overview of the evolution of the family and the state Bibliography Index. But it does not discuss the relationship between fertility and the division of labor in families.
Journal ArticleDOI
Are Government Bonds Net Wealth
TL;DR: In this article, the authors consider the effects of different types of intergenerational transfer schemes on the stock of public debt in the context of an overlapping-generations model and show that finite lives will not be relevant to the capitalization of future tax liabilities so long as current generations are connected to future generations by a chain of operative inter-generational transfers.
Journal ArticleDOI
Economists free ride, does anyone else?: Experiments on the provision of public goods, IV
Gerald Marwell,Ruth E. Ames +1 more
TL;DR: In this article, closely related experiments testing the free rider hypothesis under different conditions, and sampling various sub-populations, are reported, and results question the empirical validity and generality of a strong version of the hypothesis.
Journal ArticleDOI
The private provision of a public good is independent of the distribution of income
TL;DR: When a single public good is provided at positive levels by private individuals, its provision is unaffected by a redistribution of income as discussed by the authors, regardless of differences in individual preferences and despite differences in marginal propensities to contribute to the public good.