Voting with ballots and feet: Existence of equilibrium in a local public good economy

DOI10.1006/JETH.1996.0027zbMATH Open0854.90021OpenAlexW1966409760MaRDI QIDQ1920917FDOQ1920917

Hideo Konishi

Publication date: 19 January 1997

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

Full work available at URL: https://doi.org/10.1006/jeth.1996.0027

zbMATH Keywords

local public good economyfree mobilitygeneral existence theorem\(d\)-majority votingdisconnections in consumption sets

Mathematics Subject Classification ID

Social choice (91B14) General equilibrium theory (91B50) Public goods (91B18)

Cited In (11)

• Existence of equilibrium and stratification in local and hierarchical Tiebout economies with property taxes and voting
• Equilibrium in a finite local public goods economy
• The Tiebout hypothesis under membership property rights
• Household formation and markets
• Does endogenous formation of jurisdictions lead to wealth-stratification?
• Extremal choice equilibrium with applications to large games, stochastic games, \& endogenous institutions
• Intergenerational human capital evolution, local public good preferences, and stratification
• Capitalization, decentralization, and intergenerational spillovers in a tiebout economy with a durable public good
• Tiebout economies with differential genetic types and endogenously chosen crowding characteristics
• Anonymous price taking equilibrium in Tiebout economies with a continuum of agents: existence and characterization
• Local public good equilibrium

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