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Persistent link: https://www.econbiz.de/10003446368
Models on private provision of public goods typically involve a single private good and linear production technology for the public good. We study a model with several private goods and non-linear (strictly concave) production technology. We revisit the question of "neutrality" of government...
Persistent link: https://www.econbiz.de/10014055403
We analyze a general equilibrium model of a completely decentralized pure public good economy. Competitive firms using private goods as inputs produce the public good, which is privately provided by households. Previous studies on private provision of public goods typically use one private good,...
Persistent link: https://www.econbiz.de/10014068996