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Is three a crowd? Small group provision of a public good

Simon Vicary

Metroeconomica, 2018, vol. 69, issue 1, 70-85

Abstract: Suppose a group of individuals within a large community trust one another sufficiently to be able to co†ordinate their contributions to a public good. The alternative is to accept a Nash equilibrium. We show that under a wide range of reasonably plausible circumstances a relatively small group size (in many cases just three) suffices for this to be beneficial to group members.

Date: 2018
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https://doi.org/10.1111/meca.12169

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