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This expository paper surveys a selection of the literature on the private provision of public goods using the Kolm triangle -- the Kolm triangle (Kolm, 1970) is the analogue of an Edgeworth box in an economy with a public good
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We present a simple model of management teams where the time it takes to make decisions is related to the size of the committee. We characterize the situations where larger or smaller sizes of the management team are desirable depending on the covariance structure of the signals that the...
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We present a simple model of management teams where the time it takes to make decisions is related to the size of the committee. We characterize the situations where larger or smaller sizes of the management team are desirable depending on the covariance structure of the signals that the...
Persistent link: https://www.econbiz.de/10005793097