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Matching as a cure for underprovision of voluntary public good supply

Buchholz, Wolfgang; Cornes, Richard; Rubbelke, Dirk


Matching mechanisms are widely regarded as providing a promising way to cure the public good underprovision problem, but the Pareto optimal interior matching equilibrium emerges only under very special conditions. However, we show that public good underprovision is normally avoided.

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
Source: Economics Letters
DOI: 10.1016/j.econlet.2011.12.095


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