Clubs as a case of competitive industry with goods of variable quality

Eitan Berglas; David Pines

doi:10.1016/0165-1765(80)90133-0

Clubs as a case of competitive industry with goods of variable quality

Eitan Berglas^*, David Pines

^*Corresponding author for this work

School of Economics

Tel Aviv University

Research output: Contribution to journal › Article › peer-review

15 Scopus citations

Abstract

The paper provides a new proof for the optimality of market provision for Buchanan's club goods where club goods are treated as goods of variable quality. This approach extends the theory of clubs, and introduces congestion to the analysis of competitive equilibrium with goods of variable quality.

Original language	English
Pages (from-to)	363-366
Number of pages	4
Journal	Economics Letters
Volume	5
Issue number	4
DOIs	https://doi.org/10.1016/0165-1765(80)90133-0
State	Published - 1980

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Clubs as a case of competitive industry with goods of variable quality

Abstract

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