Collective Choice in Dynamic Public Good Provision
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下载链接：
https://www.nber.org/papers/w22772
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资源简介：
Two heterogeneous agents contribute over time to a joint project, and collectively decide its scope. A larger scope requires greater cumulative effort and delivers higher benefits upon completion. We show that the efficient agent prefers a smaller scope, and preferences are time-inconsistent: as the
提供机构：
美国国家经济研究局
创建时间：
2016-10-01
