Ostroy, Joseph M.; Song, Joon - In: Journal of Mathematical Economics 45 (2009) 12, pp. 869-879
The play of a game is a public good because it is "consumed" by each of the players. We model the play as supplied by an organizer managing a team--the demanders of the public good whose actions are unobservable. Competition among organizers leads to a price-quantity description of efficient...