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All but one free ride when wealth effects are small

Silvestre, Joaquim - In: SERIEs : Journal of the Spanish Economic Association 3 (2012) 1/2, pp. 201-207

Quasilinear preferences on a public good and a numeraire good are limits of preferences where both goods are normal. The set of equilibria of the voluntary contribution (or private provision) game is easily characterized under quasilinearity by: top valuators aggregately contribute their common...

Persistent link: https://www.econbiz.de/10009506418