International best-shot public goods and foreign aid
Xiaopeng Xu ()
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Xiaopeng Xu: University of California-Berkeley
Economics Bulletin, 2002, vol. 3, issue 13, 1-4
Abstract:
This note corrects an analytical mistake of Jayaraman and Kanbur (1999) in their analysis of a Stackelberg game of the voluntary contribution to an international best-shot public good by a donor and a recipient. It shows that, depending on players' preferences, the donor may choose not to contribute but make a positive direct income transfer to the recipient who will then contribute to the best-shot public good.
Keywords: best-shot; public; goods (search for similar items in EconPapers)
JEL-codes: C7 (search for similar items in EconPapers)
Date: 2002-07-17
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