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Ambiguity and Public Good Provision in Large Societies

Ralph Bailey (), Jürgen Eichberger and David Kelsey

Journal of Public Economic Theory, 2005, vol. 7, issue 5, 741-759

Abstract: 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.

Date: 2005
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https://doi.org/10.1111/j.1467-9779.2005.00242.x

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Working Paper: Ambiguity and public good provision in large societies (2004) Downloads
Working Paper: Ambiguity and Public Good Provision in Large Societies (2004)
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Journal of Public Economic Theory is currently edited by Rabah Amir, Gareth Myles and Myrna Wooders

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