Utility function, group size, and the aggregate provision of a pure public good

Koji Okuguchi

Public Choice, 1984, vol. 42, issue 3, 247-255

Abstract: First, we derive and interpret global stability conditions for the Cournot equilibrium in the McGuire model of aggregate provision of a pure public good under Cournot behavior, assuming that persons in a community have heterogeneous, general utility functions. Second, we show that under a reasonable assumption on utility functions, the aggregate provision of the public good increases unambiguously with the increase in the number of persons if the increase is as Section 3 stipulates. Copyright Martinus Nijhoff Publishers 1984

Date: 1984
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DOI: 10.1007/BF00124944

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