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We investigate a simultaneous discrete public good provision game with incomplete information. To use the terminology of Admati and Perry (1991), we consider both contribution and subscription games. In the former, contributions are not refunded if the project is not completed, while in the...
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We apply the dynamic stochastic framework proposed in the recent evolutionary literature to a class of coordination games played simultaneously by the entire population. In these games, payoffs whence best replies are determined by a summary statistic of the population strategy profile. We...
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We analyze simultaneous discrete public good games with incomplete information and continuous contributions. We consider contribution and subscription games. We show that every equilibrium is inefficient. We also provide a sufficient condition for 'contributing zero' to be the unique equilibrium...
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