Showing 1 - 10 of 92
We study the voluntary provision of a discrete public good via the contribution game. Players independently and simultaneously make nonrefundable contributions to fund a discrete public good, which is provided if and only if the contributions are at least as great as the cost of production. We...
Persistent link: https://www.econbiz.de/10014051626
We model competing groups when players' values for winning are private information, each group's performance equals the best effort ("best shot") of its members, and the group with the best performance wins the contest. At the symmetric equilibrium of symmetric contests, increasing the number of...
Persistent link: https://www.econbiz.de/10014142038
Suggested contributions, membership categories, and discrete, incremental thank-you gifts are devices often used by benevolent associations that provide public goods. Such devices focus donations at discrete levels, thereby effectively limiting the donors' freedom to give. We study the effects...
Persistent link: https://www.econbiz.de/10013108138
We examine the private provision of a public good whose level is determined by the least contribution of individual group members. Nash equilibrium can be efficient when the game is one of full information. This paper introduces private information about the costs of effort and characterizes...
Persistent link: https://www.econbiz.de/10013055272
Persistent link: https://www.econbiz.de/10009153619
Persistent link: https://www.econbiz.de/10010362147
Persistent link: https://www.econbiz.de/10008841371
Persistent link: https://www.econbiz.de/10009545002
Persistent link: https://www.econbiz.de/10010443009
Persistent link: https://www.econbiz.de/10010458490