Abstract
We consider a two group contest over a group specific public good comparing two situations:(i) when all players act independently; and (ii) when the players of each group cooperate. This comparison leads us to the conclusion that it is possible for one group to contribute more (and have a higher expected payoff) in the non-cooperative regime than in the cooperative regime.
Original language | American English |
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Pages (from-to) | 624-638 |
Journal | Economics Bulletin |
Volume | 32 |
Issue number | 1 |
State | Published - 2012 |