Public-Good Provision with Many Participants.

For a nonexcludable public good with benefit and cost functions independent of the number of participants, this paper studies second-best allocations under Bayesian interim incentive compatibility and interim individual rationality. As the number of participants becomes large, second-best provision...

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Detalles Bibliográficos

Publicado en:	Review of Economic Studies Vol. 70; no. 3; pp. 589 - 615
Autor principal:	Hellwig, Martin F.
Formato:	Artículo
Publicado:	Oxford University Press / UK July 2003
Materias:	Mathematical models of consumption Public goods Bayesian analysis Resource allocation > Mathematical models
Acceso en línea:	Ver este registro en EBSCOhost