Public Good Provision with Convex Costs

This paper considers a model of voluntary public good provision with two players and convex costs. I demonstrate that the provision of public good is higher in the sequential framework under fairly general conditions. This outcome shows that introducing convex costs may reverse under some condition the results of Varian ( 1994).

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Year of publication:	2011-12
Authors:	Senatore, L

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Senatore, L (2011): Public Good Provision with Convex Costs.
Classification:	D0 - Microeconomics. General ; H40 - Publicly Provided Goods. General ; H41 - Public Goods ; C72 - Noncooperative Games
Source:	BASE

Persistent link: https://www.econbiz.de/10015230819