Showing 1 - 2 of 2
The main findings of the theory on the private provision of public goods under the assumptions of symmetric agents and normality are that (1) there exists a unique Nash equilibrium in which everybody contributes the same; and (2) this pattern is stable. We show that these findings no longer hold...
Persistent link: https://www.econbiz.de/10005143377
Persistent link: https://www.econbiz.de/10010626777