A Note on Contribution Games with Loss Functions

Decisions on joint funding of continuous public goods between two agents often involve heterogeneous targets. We introduce loss functions in a contribution game in order to study the effect of this conflict. Unlike Varian (1994), joint contribution occurs only if the players’ targets are sufficiently close and the sequential game reduces free riding problems, while total contribution is higher in the simultaneous game.

MoreLess

Year of publication:	2011-08
Authors:	Russo, Giuseppe ; Senatore, Luigi

More details

Type of publication:	Book / Working Paper
Language:	English
Notes:	Russo, Giuseppe and Senatore, Luigi (2011): A Note on Contribution Games with Loss Functions.
Classification:	H77 - Intergovernmental Relations; Federalism ; H41 - Public Goods ; C72 - Noncooperative Games
Source:	BASE

Persistent link: https://www.econbiz.de/10015228522