Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5058386 | Economics Letters | 2016 | 4 Pages |
Abstract
â¢The private provision of public goods can be incentivized by a contest.â¢Evolutionary stability of public goods game with contest is studied.â¢If evolutionary stability and Nash equilibrium coincide, the outcome is efficient.
We study evolutionary stability for public goods games incentivized by a contest. In a quasi-linear setting, we derive conditions such that evolutionary stability, Nash equilibrium and efficient solution coincide.
Keywords
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Andreas Wagener,