Ambiguity and Public Good Provision in Large Societies
Ralph Bailey (),
Jürgen Eichberger and
No 04-54, Sonderforschungsbereich 504 Publications from Sonderforschungsbereich 504, Universität Mannheim, Sonderforschungsbereich 504, University of Mannheim
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.
Pages: 21 pages
Note: For comments and discussion we would like to thank John Conley and participants in the Public Economic
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Journal Article: Ambiguity and Public Good Provision in Large Societies (2005)
Working Paper: Ambiguity and public good provision in large societies (2004)
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