The relationship between Lindahl equilibria and the core of an economy with a public good is examined under the assumption that every coalition plays a non-cooperative game against its complementary coalition in sharing the cost for the public good. It is shown that the Lindahl equilibrium is contained in the core if and only if it is unblocked by any one-person coalition, and this is interpreted in terms of the free rider
In our previous paper, "Optimal Allocation of Public Goods...," (1977) we presented a mechanism for ...
In our previous paper, "Optimal Allocation of Public Goods...," (1977) we presented a mechanism for ...
We compare two cooperation mechanisms for consumer/producers of a public good: the Nash Bargaining S...
This note considers the core of a game for an economy with a public good subject to crowding and its...
There is a formal equivalence between games, societies, and economies. Lindahl equilibrium for a gam...
An exposition of the free rider problem in a public good economy is presented by the use of a non-co...
Lindahl equilibria are often seen as an ideal outcome of cooperation in a public-goods economy. But ...
Lindahl equilibria are often seen as an ideal outcome of cooperation in a public-goods economy. But ...
Lindahl equilibrium is an application of price-taking behavior to achieve efficiency in the allocati...
In an economy, there are essentially three approaches to the problem of value and distribution: pure...
Limit core allocations are the ones that remain in the core of a replicated economy.An equivalent no...
Limit core allocations are the ones that remain in the core of a replicated economy. An equivalent n...
We consider a sequential game in which one player produces a public good and the other player can in...
We study a continuous and balanced mechanism that is capable of implementing in Nash equilibrium all...
Shitovitz and Spiegel (1998) demonstrated that in pure public good economies, for some consumers the...
In our previous paper, "Optimal Allocation of Public Goods...," (1977) we presented a mechanism for ...
In our previous paper, "Optimal Allocation of Public Goods...," (1977) we presented a mechanism for ...
We compare two cooperation mechanisms for consumer/producers of a public good: the Nash Bargaining S...
This note considers the core of a game for an economy with a public good subject to crowding and its...
There is a formal equivalence between games, societies, and economies. Lindahl equilibrium for a gam...
An exposition of the free rider problem in a public good economy is presented by the use of a non-co...
Lindahl equilibria are often seen as an ideal outcome of cooperation in a public-goods economy. But ...
Lindahl equilibria are often seen as an ideal outcome of cooperation in a public-goods economy. But ...
Lindahl equilibrium is an application of price-taking behavior to achieve efficiency in the allocati...
In an economy, there are essentially three approaches to the problem of value and distribution: pure...
Limit core allocations are the ones that remain in the core of a replicated economy.An equivalent no...
Limit core allocations are the ones that remain in the core of a replicated economy. An equivalent n...
We consider a sequential game in which one player produces a public good and the other player can in...
We study a continuous and balanced mechanism that is capable of implementing in Nash equilibrium all...
Shitovitz and Spiegel (1998) demonstrated that in pure public good economies, for some consumers the...
In our previous paper, "Optimal Allocation of Public Goods...," (1977) we presented a mechanism for ...
In our previous paper, "Optimal Allocation of Public Goods...," (1977) we presented a mechanism for ...
We compare two cooperation mechanisms for consumer/producers of a public good: the Nash Bargaining S...