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A classroom game course for teaching public goods theory

โœ Scribed by Michael Pickhardt


Publisher
Springer US
Year
2001
Tongue
English
Weight
106 KB
Volume
7
Category
Article
ISSN
1083-0898

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The repeated public goods game: A soluti
โœ Mark Irving Lichbach ๐Ÿ“‚ Article ๐Ÿ“… 1992 ๐Ÿ› Springer US ๐ŸŒ English โš– 674 KB

This paper demonstrates how a repeated public goods problem may be solved by using Tit-for-Tat (TFT) on the Lindahl point. The general solution is developed; geometric and numerical examples are offered.