Three Barriers to Kantian Cooperation under Inequality (opens in new tab)
Multiplicative Kantian equilibrium has been proposed as a solution to inefficiency in social dilemmas, yet its emergence and stability are associated with a number of coordination and distributional difficulties. Drawing on a simple model of voluntary public good provision with two agents who differ in their initial endowments and have logarithmic preferences, this paper identifies three barriers that arise sequentially when unequal agents attem...
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