Wooders, Myrna; Zissimos, Ben; Dhillon, Amrita - Department of Economics, University of Warwick - 2001
demonstrate conditions ensuring existence of an asymmetric Nash equilibrium with efficient public good provision. As in prior …In a classic model of tax competition, we show that the level of public good provision and taxation in a Nash … equilibrium can be efficient or inefficient with either too much, or too little public good provision. The key is whether there …