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Ambiguity and public good provision in large societies

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In this paper we consider the effect of ambiguity on the private provision of public goods. Equilibrium is shown to exist and be unique. We examine how provision of the public good changes as the size of the population increases. We show that when there is uncertainty there may be less free-riding i...

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Bibliographic Details
Main Authors: Bailey, Ralph W. (Author) , Eichberger, Jürgen (Author) , Kelsey, David (Author)
Format: Book/Monograph Working Paper
Language:English
Published: Heidelberg University of Heidelberg, Department of Economics 5th May 2004
Series:Discussion Paper Series / Universität Heidelberg, Department of Economics no. 410
In: Discussion paper series (no. 410)

Subjects:
Arbeitspapier
Graue Literatur
Online Access:Verlag, Volltext: http://www.uni-heidelberg.de/institute/fak18/awi/publications/papers/dp410.pdf
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Author Notes:Ralph W. Bailey, Jürgen Eichberger and David Kelsey
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Summary:In this paper we consider the effect of ambiguity on the private provision of public goods. Equilibrium is shown to exist and be unique. We examine how provision of the public good changes as the size of the population increases. We show that when there is uncertainty there may be less free-riding in large societies.
Physical Description:Online Resource
Format:Systemvoraussetzungen: Acrobat Reader.

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