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Efficient Private Production of Public Goods under Common Agency

โœ Scribed by Didier Laussel; Michel Le Breton


Book ID
115611093
Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
257 KB
Volume
25
Category
Article
ISSN
0899-8256

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In this paper, price uncertainty is introduced into the model of voluntary provision of public goods. The analysis is carried out depending upon whether individuals make real or nominal contributions. We highlight the significant factors that determine the complex effects of changes in uncertainty o