Introduction

Chapter

Abstract

This study is concerned with the interdependency of private contributions to collective concerns, intermediate fundraising institutions, and governmental intervention.

The constituent property of a collective good is that one agent can consume it without narrowing the consumption opportunities of any other agent. In addition, it may be prohibitively costly to exclude single members of the collectivity from its consumption. So, for any rational individual, free-riding is the optimal choice.

Copyright information

© Springer Fachmedien Wiesbaden 2014

Authors and Affiliations

  1. 1.Institut für Volkswirtschaftslehre (ECON)KITKarlsruheGermany

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