We provide a game form which undertakes a public project exactly when the total benefit of the project to individuals in a society outweights its cost. The game form is simple, balanced, and individually rational. It can be adjusted to distribute cost according to a wide class of rules. For example it can distribute cost so that each individual pays a share of the cost which is proportional to his or her benefit. We discuss the informational limitations of our work and the relation of this work to the literature on mechanism design and public goods
A game with parameter for substitute public goods provision is constructed by using non-cooperative ...
In a collective-action game a player's payoff is the sum of (i) a private component that depends onl...
This paper is a partial exposition of the article written by Hobart Peyton Young entitled Cost Alloc...
We provide a game form which undertakes a public project exactly when the total benefit of the proje...
Facing a heavy task, any single person can only make a limited contribution and team cooperation is ...
We study pure redistribution as a device to increase cooperation and efficiency in the provision of ...
A group of agents considers collaborating on a project which requires putting together elements owne...
Economic interactions such as selling an item for profit or scheduling the time of a subcontractor f...
Collective action problems arise in a variety of situations. The economic theory of public good prov...
The Patron Game studies the individual provision of a public good, i.e., a situation in which the co...
(First Version: July 2003) Summary. In this study, a participation game in a mechanism to implement ...
In this paper we introduce a new approach to representing both TU-games and NTU-games as special eco...
In this experiment, we endogenize the choice of which contribution scheme is implemented in a public...
This paper analyzes situations in which a project consisting of several activities is not realized a...
The problem of public good provision remains an active area of economic research and one of the seve...
A game with parameter for substitute public goods provision is constructed by using non-cooperative ...
In a collective-action game a player's payoff is the sum of (i) a private component that depends onl...
This paper is a partial exposition of the article written by Hobart Peyton Young entitled Cost Alloc...
We provide a game form which undertakes a public project exactly when the total benefit of the proje...
Facing a heavy task, any single person can only make a limited contribution and team cooperation is ...
We study pure redistribution as a device to increase cooperation and efficiency in the provision of ...
A group of agents considers collaborating on a project which requires putting together elements owne...
Economic interactions such as selling an item for profit or scheduling the time of a subcontractor f...
Collective action problems arise in a variety of situations. The economic theory of public good prov...
The Patron Game studies the individual provision of a public good, i.e., a situation in which the co...
(First Version: July 2003) Summary. In this study, a participation game in a mechanism to implement ...
In this paper we introduce a new approach to representing both TU-games and NTU-games as special eco...
In this experiment, we endogenize the choice of which contribution scheme is implemented in a public...
This paper analyzes situations in which a project consisting of several activities is not realized a...
The problem of public good provision remains an active area of economic research and one of the seve...
A game with parameter for substitute public goods provision is constructed by using non-cooperative ...
In a collective-action game a player's payoff is the sum of (i) a private component that depends onl...
This paper is a partial exposition of the article written by Hobart Peyton Young entitled Cost Alloc...