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This study shows the uniqueness of Nash equilibrium in the model of multiple voluntarily supplied public goods with potential contributors possessing different Cobb-Douglas preferences. This study provides a sufficient condition for uniqueness using graph theory. This sufficient condition allows...
Persistent link: https://www.econbiz.de/10011853293
supported by the laboratory experiment, although those regarding individuals' contribution decisions are consistent with the …
Persistent link: https://www.econbiz.de/10011955669