Matching as a cure for underprovision of voluntary public good supply

Matching mechanisms are widely regarded as providing a promising way to cure the public good underprovision problem, but the Pareto optimal interior matching equilibrium emerges only under very special conditions. However, we show that public good underprovision is normally avoided.

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Year of publication:	2012
Authors:	Buchholz, Wolfgang ; Cornes, Richard ; Rübbelke, Dirk
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 117.2012, 3, p. 727-729
Publisher:	Elsevier
Subject:	Public goods \| Matching \| Pareto optimality

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Type of publication:	Article
Classification:	C78 - Bargaining Theory; Matching Theory ; H41 - Public Goods
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011041792