Pareto optimal provisions as outcomes of voluntary public good supply

Buchholz, Wolfgang and Kleinberg, Norman and Ma, Barry (2024) Pareto optimal provisions as outcomes of voluntary public good supply. ECONOMICS LETTERS, 243: 111913. ISSN 0165-1765, 1873-7374

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Abstract

It is shown that a large set of public good supply levels that arise in a Pareto optimal allocation can also be attained as public good provisions in the Nash equilibrium of a non-cooperative provision game. With a not very far-fetched assumption on agents' preferences this result even holds for all Pareto supply levels.

Item Type: Article
Uncontrolled Keywords: PRIVATE PROVISION; Public goods; Pareto optimal solutions; Samuelson condition; Nash equilibria
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: 03 Dec 2025 06:51
Last Modified: 03 Dec 2025 06:51
URI: https://pred.uni-regensburg.de/id/eprint/64835

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