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Global Stability of Voluntary Contribution Mechanism with Heterogeneous Preferences

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  • Tatsuyoshi Saijo

    (Research Institute for Future Design, Kochi University of Technology)

Abstract

We find a necessary and sufficient condition for global stability of the voluntary contribution mechanism with heterogeneous quasilinear preferences under a simultaneous system of difference equations. The condition is that there must exist an outstanding player whose willingness to contribute dominates the sum of the others’ willingness.

Suggested Citation

  • Tatsuyoshi Saijo, 2020. "Global Stability of Voluntary Contribution Mechanism with Heterogeneous Preferences," Working Papers SDES-2020-6, Kochi University of Technology, School of Economics and Management, revised Jul 2020.
    • Handle: RePEc:kch:wpaper:sdes-2020-6
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    File URL: http://www.souken.kochi-tech.ac.jp/seido/wp/SDES-2020-6.pdf
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    References listed on IDEAS

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    Cited by:

    1. Takuma Wakayama & Takehiko Yamato, 2023. "Comparison of the voluntary contribution and Pareto-efficient mechanisms under voluntary participation," International Journal of Game Theory, Springer;Game Theory Society, vol. 52(2), pages 517-553, June.

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    More about this item

    JEL classification:

    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C92 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Group Behavior
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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