Cornes, Richard; Itaya, Juni-ichi - Department of Economics, Faculty of Business and Economics - 2004
We extend the simple model of voluntary public good provision to allow for two or more public goods, and explore the … new possibilities that arise in this setting. We show that, when there are many public goods, voluntary contribution … equilibrium typically generates, not only too low a level of public good provision, but also the wrong mix of public goods. We …