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This article puts forth a joint-supply model of charity, in which the purchase of a private good yields excess revenues used to finance a public charitable output. Joint supply is an especially effective fund-raising technique when the private and public goods are Hicksian complements....
Persistent link: https://www.econbiz.de/10010687070
This article has two purposes. First, the bounds of the neutrality theorem for the private provision of public goods are more firmly established The focus is on the non-neutrality of non-Nash equilibria in which nonzero conjectures depend on the agent's own contribution. The non-neutrality of...
Persistent link: https://www.econbiz.de/10010687144