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Private provision of public goods between families

Cornes, Richard; Itaya, Jun-Ichi; Tanaka, Aiko

Description

We consider a two-stage voluntary provision model where individuals in a family contribute to a pure public good and/or a household public good, and the parent makes private transfers to her own child. We show not only that Warr's neutrality holds, regardless of the different timings of parent-to-child transfers, but also that there is a continuum of Nash equilibria which individuals' contributions and parental transfers are indeterminate, although the allocation of each's private consumption...[Show more]

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
URI: http://hdl.handle.net/1885/62741
Source: Journal of Population Economics
DOI: 10.1007/s00148-011-0388-2

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