Cabrales, Antonio; Lugo, Haydée - Facultad de Ciencias Económicas y Empresariales, … - 2011
We analyze the efect of a large group on an impure public goods model with lotteries. We show that as populations get large, and with selfish preferences, the level of contributions converges to the one given by voluntary contributions. With altruistic preferences (of the warm glow type), the...