Efficiency and nonlinear pricing in nonconvex environments with externalities: A generalization of the Lindahl equilibrium concept

DOI10.1016/0022-0531(87)90005-6MaRDI QIDQ1819684zbMATH OpenOpenAlexFDO

Authors Fernando Vega-Redondo

Publication date 1987

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

Full work available at URL https://doi.org/10.1016/0022-0531(87)90005-6

zbMATH Keywords

public goodsnonconvexitiesLindahl Equilibriumlocal Pareto efficiencynonlinear pricing systems

Mathematics Subject Classification ID

General equilibrium theory (91B50)

Recommendations

• Externalities and fundamental nonconvexities: a reconciliation of approaches to general equilibrium externality modeling and implications for decentralization
• Existence of Lindahl equilibria in economies with nonconvex production sets
• Identifying the Lindahl equilibrium without transfers as a social optimum
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• Efficiency with Non-Convexities: Extending the "Scandinavian Consensus" Approaches

Cites work

• scientific article; zbMATH DE number 3048439 (Why is no real title available?)
• Constraint qualifications in maximization problems
• Decentralized resource allocation and increasing returns
• Efficiency and Decentralization in the Pure Theory of Public Goods
• Externalities and problems of nonconvexity and overhead costs in welfare economics
• Pareto Optimality in Non-Convex Economies
• The Existence of Marginal Cost Pricing Equilibria with Increasing Returns

Cited in

(7)

• Fundamental nonconvexities in Arrovian markets and a Coasian solution to the problem of externalities
• Identifying the Lindahl equilibrium without transfers as a social optimum
• Inclusion of nonlinear demand–supply relationships within large-scale partial equilibrium linear programming models
• Externalities and fundamental nonconvexities: a reconciliation of approaches to general equilibrium externality modeling and implications for decentralization
• Existence of marginal pricing equilibria in economies with externalities and non-convexities
• Regular public good economies
• Existence of Lindahl equilibria in economies with nonconvex production sets

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