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
Posted Content
Competition and Political Organization: Together or Alone in Lobbying for Trade Policy?
TL;DR: In this article, the authors employed a novel data set on lobbying expenditures to measure the degree of within-sector political organization and explore the determinants of the mode of lobbying and political organization across US industries.
Posted Content
Ricardian Equivalence: an Evaluation of Theory and Evidence
TL;DR: In this article, the authors argue that the theoretical case for long run neutrality is extremely weak, in that it depends upon improbable assumptions that are either directly or indirectly falsified through empirical observation, and that the approximate validity of short run neutrality depends primarily upon assumptions that have at least an aura of plausibility.
Journal ArticleDOI
When Are Nash Equilibria Independent of the Distribution of Agents' Characteristics?
TL;DR: In this article, the authors present examples of Nash equilibria that do not vary with the distribution of a parameter across agents and then offer a general theorem that characterizes this independence.
Journal ArticleDOI
When in Rome: conformity and the provision of public goods
TL;DR: In this article, the authors show that, if sufficiently frequent at the start of a public goods game, conformity will increase the growth rate of free riding and confirm this prediction in an experiment by showing that free riding grows faster when players have the information necessary to conform.
Journal ArticleDOI
Aggregate Comparative Statics
TL;DR: In this paper, a general and tractable framework for comparative static results in aggregative games is provided, and sufficient conditions under which positive shocks to individual players increase their own actions and have monotone effects on the aggregate.
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.