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Abstract
The interaction of selfish, rational actors in the provision of a public good is analyzed, in an attempt to explain recent experimental findings as well as real-world
cases of voluntary collective action. The model, which allows for more sophisticated
behavior than that assumed by the conventional Cournot theory, predicts
a higher level of collective action that that theory. The impacts of income effects
and of the price elasticity of demand for the public good are given special emphasis.