Ambiguity and public good provision in large societies

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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Hauptverfasser: Bailey, Ralph W. (VerfasserIn) , Eichberger, Jürgen (VerfasserIn) , Kelsey, David (VerfasserIn)
Dokumenttyp: Book/Monograph Arbeitspapier
Sprache:Englisch
Veröffentlicht: Heidelberg University of Heidelberg, Department of Economics 5th May 2004
Schriftenreihe:Discussion Paper Series / Universität Heidelberg, Department of Economics no. 410
In: Discussion paper series (no. 410)

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Online-Zugang:Verlag, Volltext: http://www.uni-heidelberg.de/institute/fak18/awi/publications/papers/dp410.pdf
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Verfasserangaben:Ralph W. Bailey, Jürgen Eichberger and David Kelsey
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Zusammenfassung: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.
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