Notes on income heterogeneity and number of contributors: Public goods model

Tatsuyoshi Miyakoshi, Kenichi Suzuki

研究成果: Article査読

抄録

This paper proves that a large degree of income heterogeneity increases the number of free riders under the noncooperative Nash equilibrium of voluntary contributions to public goods with a Cobb–Douglas utility function. We prove this by investigating an algorithm structure that identifies free riders. We also support this proof by showing the numerical simulation results based on this algorithm.

本文言語English
ページ(範囲)732-741
ページ数10
ジャーナルPacific Economic Review
23
5
DOI
出版ステータスPublished - 2018 12

ASJC Scopus subject areas

  • 経済学、計量経済学

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