Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059222 | Economics Letters | 2014 | 4 Pages |
Abstract
In an economy with voluntarily provided public goods and private product varieties, and a general class of CES preferences, it is shown that aggregate public good contribution follows an inverted-U pattern with respect to group size when private and public goods are substitutable in preferences. With complementarity, however, aggregate provision grows monotonically with group size.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Parimal Kanti Bag, Debasis Mondal,