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...
Gespeichert in:
| Hauptverfasser: | , , |
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| Dokumenttyp: | Book/Monograph Arbeitspapier |
| Sprache: | Englisch |
| Veröffentlicht: |
Heidelberg
University of Heidelberg, Department of Economics
5th May 2004
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| Schriftenreihe: | Discussion Paper Series / Universität Heidelberg, Department of Economics
no. 410 |
| In: |
Discussion paper series (no. 410)
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| Schlagworte: | |
| Online-Zugang: | Verlag, Volltext: http://www.uni-heidelberg.de/institute/fak18/awi/publications/papers/dp410.pdf |
| Verfasserangaben: | Ralph W. Bailey, Jürgen Eichberger and David Kelsey |
| 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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| Beschreibung: | Online Resource |
| Dokumenttyp: | Systemvoraussetzungen: Acrobat Reader. |