We model a single-club-heterogeneous-consumer-exogeneous-income economy as an aggregative public good game. Under common assumptions, if club quality functions are homogeneous of positive degree in the club facility investment and use, an unique Nash equilibrium exists. © 2012 Elsevier B.V.
CITATION STYLE
Fraser, C. D. (2012). Nash equilibrium existence and uniqueness in a club model. Economics Letters, 117(2), 496–499. https://doi.org/10.1016/j.econlet.2012.06.047
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