Ambiquity and public good provision in large societies

In this paper we consider the effect of ambiguity on the private provision of public goods. Equilibrium is shown to exist and be unique. We examine how provision of the public good changes as the size of the population increases. We show that when there is uncertainty there may be less free-riding in large societies.

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Year of publication:	2004
Authors:	Bailey, Ralph W. ; Eichberger, Jürgen ; Kelsey, David
Publisher:	Heidelberg : University of Heidelberg, Department of Economics
Subject:	Öffentliche Güter \| Erwartungsnutzen \| Bevölkerung \| Trittbrettfahrerverhalten \| Theorie \| Entscheidung unter Unsicherheit \| Ambiguity \| public goods \| Choquet expected utility

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Series:	Discussion Paper Series ; 410
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	505873419 [GVK] hdl:10419/127235 [Handle]
Classification:	D81 - Criteria for Decision-Making under Risk and Uncertainty ; H41 - Public Goods
Source:	EconStor

Persistent link: https://www.econbiz.de/10011422127