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Group Size and Heterogeneity in the Private Provision of Public Goods

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Authors
Shrestha, Ratna K.; Cheong, KwangSoo
Issue Date
2005
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 18 (No. 3 2005): 249-260
Keywords
Private provision of public goods; Group size and heterogeneity
Abstract
The traditional approach to voluntary provision of pure public goods typically models the factors of group heterogeneity and group size in a piecemeal fashion and fails to explain salient empirical observations. Integrating, both factors into a single model, we examine how they interact with each other to determine the structure of Nash equilibrium, and show that this model is indeed useful in making realistic predictions.
ISSN
1225-0279
Language
English
URI
http://hdl.handle.net/10371/1339
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.18(3) (Fall 2005)
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