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How to Solve the Tragedy of the Commons: Social Entrepreneur and Global Public Goods

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Type: Working Paper
Author: Ueda, Yoshifumi; Svendsen, Gert T.
Date: 2001
URI: https://hdl.handle.net/10535/6440
Sector: Global Commons
Social Organization
Subject(s): global commons
public goods and bads
social networks
Nash equilibrium
Abstract: "By taking into consideration the indispensability of network formation and of entrepreneur's organizing work in advance of provision stage, we examine the efficacy of financing a global public good on a local scale by means of a 'selective incentive-cum-global public good' scheme. It is derived that when a network of star type must be formed by entrepreneur's initiative, an organizational form of not-for-profit, run by social entrepreneur, is more reconcilable with the social objective of providing the global public good than that of for-profit run by business entrepreneur."

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