Public Provision of Private Goods

Peter Norman (normanp@email.unc.edu) and Hanming Fang

No 138, 2004 Meeting Papers from Society for Economic Dynamics

Abstract: We consider an environment with asymmetric information about preferences for a public good and a private good. If the public good must be financed from contributions made by participants and if participants must be given incentives to participate in the mechanism, we show that there are circumstances when the private good should be bundled with the public good, in spite of the. We interpret this as an efficiency rationale for public provision of private goods

Keywords: Public Goods; Bundling; Efficiency (search for similar items in EconPapers)
JEL-codes: D82 H41 H42 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:red:sed004:138

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