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The ability to cooperate in collective action problems — such as those relating to the useof common property resources or the provision of local public goods — is a key determinant ofeconomic performance. In this paper we discuss two aspects of collective action problemsin developing...
Persistent link: https://www.econbiz.de/10005871000
We analyze the effect of inequality in the distribution of endowment of a private input (briefly,wealth) that is complementary in production with a collective input on effciency. The collective inputis the outcome of a collective action problem (e.g., contribution to pure or impure public goods...
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