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Bergstrom, Blume and Varian (1986) provides an elegant gametheoretic model of an economy with one private good and one public good. Strategies of players consist of voluntary contributions of the private good to public good production. Without relying on first order conditions, the authors...
Persistent link: https://www.econbiz.de/10011168562
We extend the seminal model by Bergstrom, Blume and Varian (1986) on the private provision of public goods to contributions given by multiple private commodities. Taking into account the proportion of the value of the aggregate endowment donated to finance the public good, we present a notion of...
Persistent link: https://www.econbiz.de/10014079863
Bergstrom, Blume and Varian (1986) provides an elegant game-theoretic model of an economy with one private good and one public good. Strategies of players consist of voluntary contributions of the private good to public good production. Without relying on first order conditions, the authors...
Persistent link: https://www.econbiz.de/10011108853
Bergstrom, Blume and Varian (1986) provides an elegant gametheoretic model of an economy with one private good and one public good. Strategies of players consist of voluntary contributions of the private good to public good production. Without relying on first order conditions, the authors...
Persistent link: https://www.econbiz.de/10010550744
Bergstrom, Blume and Varian (1986) provides an elegant gametheoretic model of an economy with one private good and one public good. Strategies of players consist of voluntary contributions of the private good to public good production. Without relying on first order conditions, the authors...
Persistent link: https://www.econbiz.de/10010603811
Bergstrom, Blume and Varian (1986) provides an elegant gametheoretic model of an economy with one private good and one public good. Strategies of players consist of voluntary contributions of the private good to public good production. Without relying on first order conditions, the authors...
Persistent link: https://www.econbiz.de/10010604404