Ambiguity and public good provision in large societies

Ralph Bailey (), Jürgen Eichberger and David Kelsey

No 04-54, Papers from Sonderforschungsbreich 504

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.

Keywords: Ambiguity; public goods; Choquet expected utility (search for similar items in EconPapers)
JEL-codes: D81 H41 (search for similar items in EconPapers)
Date: 2004
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https://madoc.bib.uni-mannheim.de/2689/1/dp04_54.pdf

Related works:
Journal Article: Ambiguity and Public Good Provision in Large Societies (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:mnh:spaper:2689

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