Private provision of discrete public goods with incomplete information (Q5954780)
From MaRDI portal
 | This is the item page for this Wikibase entity, intended for internal use and editing purposes. Please use this page instead for the normal view: Private provision of discrete public goods with incomplete information |
scientific article; zbMATH DE number 1701816
| Language | Label | Description | Also known as |
|---|---|---|---|
| default for all languages | No label defined |
||
| English | Private provision of discrete public goods with incomplete information |
scientific article; zbMATH DE number 1701816 |
Statements
Private provision of discrete public goods with incomplete information (English)
0 references
6 November 2002
0 references
The private provision of discrete public goods is studied in situations of incomplete information and continuous contributions. Two scenarios are considered, one where contributions are not refunded if the project is not completed and the other where contributions are reunded. It is shown that in the former case, if cost is high enough, there are only strong free riding equilibria. Several equilibria of both types of situations are studied and a new proof ex-post inefficiency is given.
0 references
public good
0 references
contribution game
0 references
subscription game
0 references
incomplete information
0 references
0.8593271374702454
0 references
0.850996196269989
0 references
0.849406361579895
0 references
0.8388944268226624
0 references
0.8376778960227966
0 references
