All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

Martin Gregor
''On the strategic non-complementarity of complements''
( 2008, Vol. 8 No.3 )
This paper examines the equilibrium provision of a public good if the private monetary contributions of identical agents are (im)pure complements. To reconcile complementarity in contributions with the apparent substitutability of monetary payments, we assume a setup with multiple inputs into a complementary production function. This paper proves the uniqueness and symmetry of the equilibrium for any impure complementarity if each agent is permitted to contribute to any input in the equilibrium, contributions are strategic substitutes. Only pure complementarity exhibits multiple equilibria, where contributions are either strategic substitutes or strategic complements.
Manuscript Received : Mar 11 2008 Manuscript Accepted : May 19 2008

  This abstract has been downloaded 1662 times                The Full PDF of this paper has been downloaded 153784 times