Matching as a cure for underprovision of voluntary public good supply

Buchholz, Wolfgang; Cornes, Richard; Rubbelke, Dirk

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Matching as a cure for underprovision of voluntary public good supply

Date

2012

Authors

Buchholz, Wolfgang

Cornes, Richard

Rubbelke, Dirk

Publisher

Elsevier

Abstract

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.