Abstract
This article has two purposes. First, the bounds of the neutrality theorem for the private provision of public goods are more firmly established The focus is on the non-neutrality of non-Nash equilibria in which nonzero conjectures depend on the agent's own contribution. The non-neutrality of equilibria involving general externalities, nonlinear constraints, and joint products are also examined Second, it is argued that non-Nash behavior and joint products, induced by institutional design, may be behind the contribution patterns reported by some researchers who investigate charities.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have