On the Private Provision of Contentious Public Characteristics
Richard Cornes and
Dirk Rübbelke
ANU Working Papers in Economics and Econometrics from Australian National University, College of Business and Economics, School of Economics
Abstract:
We extend the standard public good provision model to allow players to either like or dislike the public characteristic. Those who dislike it are able to take actions to reduce its level. We present conditions under which the existence of a unique noncooperative equilibrium is retained, and analyze its normative and comparative static properties.
JEL-codes: C72 H41 (search for similar items in EconPapers)
Pages: 22 Pages
Date: 2012-07
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Citations: View citations in EconPapers (3)
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Working Paper: On the Private Provision of Contentious Public Characteristics (2012) 
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Persistent link: https://EconPapers.repec.org/RePEc:acb:cbeeco:2012-577
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