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《Mathematics in Practice and Theory》 2008-11
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On the Effect of Subjective Discount Rate Differences to the Collective Goods Output

SONG Yan,ZHU Xian-chen(Institute of Economics & Management,Nanjing University of Sciences & Technology,Nanjing 210094,China)  
By the introduction of initial stock and depletion rate parameters towards collective goods,the paper models over-period equilibrium formation,and examines the influence of individual subjective discount rate heterogeneity to the voluntary supply of collective action production,then discusses discount rate heterogeneity effect vary with the parametrical condition.The research results show that the more valued future income(loss),the easier cooperative production of collective goods,and in particular,initial stock and depletion rate make up the must for voluntary supply of collective goods.
【Fund】: 国家自然科学基金(70573046);; 南京理工大学博士研究生创新培养基金
【CateGory Index】: F062.6;F224
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Chinese Journal Full-text Database 2 Hits
1 XIANCHENZHUYULIANLI(Nanjing University of Science and Technology);Leaders, Followers and Collective Actions in Communal Cooperation—A Case Study on Business Associations‘ Anti-dumping Lawsuits[J];China Economic Quarterly;2007-02
2 SONG Yan,ZHU Xian-chen,LIU Qi(School of Economics and Management,Nanjing University of Sciences & Technology,Nanjing 210094,China);Voluntary Supply of Public Goods and the Analysis of Individual Preference Heterogeneity Effect[J];Technology Economics;2007-05
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Chinese Journal Full-text Database 3 Hits
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