Article ID Journal Published Year Pages File Type
5057875 Economics Letters 2017 4 Pages PDF
Abstract

We study the voluntary provision of a public good with private information when inputs are not perfectly substitutable. Modeling the production function as a mixture of order statistics of individual efforts, we bridge the extreme best-shot and weakest-link technologies, passing through summation, in a tractable framework. In contrast with existing predictions, increasing complementarity results in increased public good provision, if the marginal cost of effort rises sufficiently fast.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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