Showing 1 - 3 of 3
Persistent link: https://www.econbiz.de/10005715394
We consider a sequential game in which one player produces a public good and the other player can influence this decision by making an unconditional transfer. An efficient allocation requires the Lindahl property: the sum of the two (implicit) individual prices has to be equal to the resource...
Persistent link: https://www.econbiz.de/10010863152
Persistent link: https://www.econbiz.de/10005547121