Competitive equilibrium with local public goods

DOI10.1016/0022-0531(79)90005-XzbMath0415.90019MaRDI QIDQ754094

Bryan Ellickson

Publication date: 1979

Published in: Journal of Economic Theory (Search for Journal in Brave)

zbMATH Keywords

local public goodsgeneral equilibrium theoryapproximate competitive equilibriumpure public goodsTiebout hypothesis

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Related Items (16)

Decentralization in replicated club economies with multiple private goods ⋮ Club theory and household formation ⋮ Bargaining cum voice ⋮ Groups, collective decisions and markets ⋮ Technologies for endogenous growth ⋮ Power at general equilibrium ⋮ Tiebout economies with differential genetic types and endogenously chosen crowding characteristics ⋮ Clubs and the market: Large finite economies ⋮ Value theory with personalized trading ⋮ Equilibrium in a finite local public goods economy ⋮ Stable Matching in Large Economies ⋮ Anonymous price taking equilibrium in Tiebout economies with a continuum of agents: existence and characterization ⋮ Local public goods and average cost pricing ⋮ Sorting out single-crossing preferences on networks ⋮ Hedonic prices and cost/benefit analysis ⋮ Household formation and markets

Cites Work

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• Indivisible commodities and general equilibrium theory
• Existence of Approximate Equilibria and Cores
• The politics and economics of decentralization
• Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem
• General equilibrium and location theory
• Markets with a Continuum of Traders
• Quasi-Equilibria in Markets with Non-Convex Preferences
• Lindahl's Solution and the Core of an Economy with Public Goods

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