Public Good Provision: Nash Equilibrium, Quasi-Linear Utility, and Pareto Inefficiency (L6.10)
Amit Goyal
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Public Good Provision: Nash Equilibrium, Quasi-Linear Utility, and Pareto Inefficiency (L6.10)
1 785 просмотров · 4 года назад
Amit Goyal
9,53 тыс. подписчиков
1 785 просмотров · 4 года назад
Instructor: Amit Goyal
This lecture provides a rigorous analysis of the Public Good Contribution Game, modeled as a static game of complete information. We explore the strategic tension between private costs and collective benefits, leading to the classic problem of under-provision.
This tutorial is an essential resource for students of Microeconomics and those preparing for the ISI PEA/PEB, DSE, and JNU entrance exams.
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