From weakest-link to best-shot: The volu
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Jack Hirshleifer
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Article
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1983
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Springer US
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English
β 843 KB
It has traditionally been assumed that the socially available amount X,of a public good is the simple sum of the separate amounts x i produced by the i = 1, . .., I members of the community. But there are many other possibilities of practical importance. Among them are: (i) Weakest-link rule, where