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- W2073310024 abstract "Abstract The standard theory of collective action predicts that voluntary provision will result in undersupply of public goods. In practice, we observe provision at various levels, some high, and there is often no evidence of an acute undersupply problem. The outcomes derived by the standard theory envisage the set of strategies of each member of society as the feasible levels of an individuals own contributions. Allowing each player to employ matching functions as strategies allows every feasible point to be implemented as a non-cooperative Nash equilibrium in the new game. The creative design of such matching mechanisms is open to infinite variation and resourcefulness, and can account for the observed diversity in voluntary public good supply." @default.
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- W2073310024 date "2000-09-01" @default.
- W2073310024 modified "2023-10-16" @default.
- W2073310024 title "Diversity and ingenuity in voluntary collective action" @default.
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- W2073310024 doi "https://doi.org/10.1016/s0176-2680(99)00061-0" @default.
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