Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060495 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠Shows equivalence between a “joint product” public good model and a heterogeneous club model. ⺠For a normal club good, shows Nash equilibrium existence and uniqueness via Cornes and Hartley's aggregative games approach. ⺠Investigates normality when the club's quality function is homogeneous in the club's facility size and total usage. ⺠Under standard assumptions, shows normality holds for all positive degrees of homogeneity.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Clive D. Fraser,