Matching as a cure for underprovision of voluntary public good supply

Buchholz, Wolfgang and Cornes, Richard and Ruebbelke, Dirk (2012) Matching as a cure for underprovision of voluntary public good supply. ECONOMICS LETTERS, 117 (3). pp. 727-729. ISSN 0165-1765, 1873-7374

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Abstract

Matching mechanisms are widely regarded as providing a promising way to cure the public good underprovision problem, but the Pareto optimal interior matching equilibrium emerges only under very special conditions. However, we show that public good underprovision is normally avoided. (C) 2012 Elsevier B.V. All rights reserved.

Item Type: Article
Uncontrolled Keywords: EFFICIENT PRIVATE PROVISION; Public goods; Matching; Pareto optimality
Subjects: 300 Social sciences > 330 Economics
Divisions: Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Entpflichtete oder im Ruhestand befindliche Professoren > Lehrstuhl für Finanzwissenschaft, insbesondere Umweltökonomie (Prof. Dr. Wolfgang Buchholz)
Depositing User: Dr. Gernot Deinzer
Date Deposited: 04 May 2020 05:20
Last Modified: 04 May 2020 05:20
URI: https://pred.uni-regensburg.de/id/eprint/17661

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