Voting and the Membership of Public and Private Clubs

摘要: The issue of how the provision public goods should be divided be- tween private and sectors has received little discussion in theoretical literature. We employ club theory to provide a model which, if dissatis…ed with what is oered by sector, individuals can form club. This basic many interpretations. In some cases, no formed but, when it is, are between clubs on basis income. There may multiple equilibria example given, Pareto-ranked worst these having highest level good provision. eect changing electoral franchise also considered. When vote over pro- vision extended include non-members there two classes equilibrium, one which involves very limited If gov- ernment intervenes via taxation, our shows that aim drive out THIS IS A PRELIMINARY AND INCOMPLETE VERSION