Incomplete Information and Incentives to Free Ride on International Environmental Resources

Incomplete information and incentives to

Incomplete information and incentives to free ride

✍ Mehmet Bac 📂 Article 📅 1996 🏛 Springer 🌐 English ⚖ 951 KB

We study private provision of a continuous public good in an incomplete information repeated game. The analysis generates the following predictions in the form of Perfect Bayesian equilibria. When the discount factor is low, the game played by increasingly optimistic players may collapse into a war

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