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Heterogeneity, Coordination and the Provision of Best-Shot Public Goods

✍ Scribed by Cherry, Todd L.; Cotten, Stephen J.; Kroll, Stephan


Book ID
121604463
Publisher
Springer
Year
2013
Tongue
English
Weight
638 KB
Volume
16
Category
Article
ISSN
1386-4157

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From weakest-link to best-shot: The volu
✍ Jack Hirshleifer πŸ“‚ Article πŸ“… 1983 πŸ› Springer US 🌐 English βš– 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