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Xiaopeng Xu |
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''International best-shot public goods and foreign aid'' |
( 2002, Vol. 3 No.13 ) |
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This note corrects an analytical mistake of Jayaraman and Kanbur (1999) in their analysis of a Stackelberg game of the voluntary contribution to an international best-shot public good by a donor and a recipient. It shows that, depending on players' preferences, the donor may choose not to contribute but make a positive direct income transfer to the recipient who will then contribute to the best-shot public good. |
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Keywords: best-shot public goods |
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Manuscript Received : Jul 16 2002 | | Manuscript Accepted : Jul 17 2002 |
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