Showing 1 - 4 of 4
Introducing a threshold in the sense of a minimal project size transforms a public goods game with an inefficient equilibrium into a coordination game with a set of Pareto-superior equilibria. Thresholds may therefore improve efficiency in the voluntary provision of public goods. In our one-shot...
Persistent link: https://www.econbiz.de/10013316272
Persistent link: https://www.econbiz.de/10003393087
Persistent link: https://www.econbiz.de/10003911921
Persistent link: https://www.econbiz.de/10010226562