Volunteer work and club size: Nash equilibrium and optimality

Article Abstract:

A two-stage game in which club size is resolved internally is applied to assess the non-cooperative characteristic of public goods. The effects of alternative fiscal policies on Nash equilibrium is also evaluated using simple instruments. Results indicate that pooled amounts of money in the form of grants can be used the optimal equal treatment allocation when agents do not obtain non-fiscal gains from volunteer work. Simple fiscal instruments are found not to be able to fulfill the optimal equal-treatment allocation if club size is not directly controlled.

Economics, Research and Development in the Social Sciences and Humanities, Economic aspects, Fiscal policy, Clubs, Clubs (Associations)

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The uniqueness of Nash equilibrium in the private provision of public goods: an alternative proof

Article Abstract:

An analysis of Nash equilibrium conditions is presented. The analysis focuses on the unique character of Nash equilibrium under conditions where public goods are distributed in private provision. It is shown that earlier studies which concluded on such equilibrium settings generated opaque conclusions. In addition, current research indicates an important assumption in the willingness of all individuals in the economy to finance public good.

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Implementation of balanced linear cost share equilibrium solution in Nash and strong Nash equilibria

Article Abstract:

The Balanced Linear Cost Share Equilibrium is considered with regard to the incentive aspect.

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