Abstract
In this paper we introduce incomplete information about income into a standard model of private provision of public goods. Generally, one obtains neutrality results similar in nature to those obtained in the complete information model. However, with incomplete information, several additional difficulties exist in attaining neutrality. For neutrality to hold, (i) positive contributions have to be made by all individual types, (ii) any redistribution of income must not convey information to the individuals, and (iii) any redistribution must not depreciate the private information individuals have.
Original language | English |
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Pages (from-to) | 69-75 |
Number of pages | 7 |
Journal | Economics Letters |
Volume | 46 |
Issue number | 1 |
DOIs | |
State | Published - Sep 1994 |