Article ID Journal Published Year Pages File Type
5060495 Economics Letters 2012 4 Pages PDF
Abstract
► Shows equivalence between a “joint product” public good model and a heterogeneous club model. ► For a normal club good, shows Nash equilibrium existence and uniqueness via Cornes and Hartley's aggregative games approach. ► Investigates normality when the club's quality function is homogeneous in the club's facility size and total usage. ► 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
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