The Tiebout Hypothesis: Near Optimality in Local Public Good Economies
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Publication:3887165
DOI10.2307/1912819zbMath0443.90007OpenAlexW2063034060MaRDI QIDQ3887165
Publication date: 1980
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.2307/1912819
votingapproximate coresapproximate equilibriumconvergence of equilibrianear optimalityTiebout hypothesisvoting equilibriumlocal public good economiesendogenous jurisdiction structures
Related Items (21)
Strong Tiebout equilibrium under restricted preferences domain ⋮ Equivalence of Lindahl equilibrium with participation prices and the core ⋮ Inessentiality of large groups and the approximate core property: An equivalence theorem ⋮ Stability of jurisdiction structures in economies with local public goods ⋮ Does endogenous formation of jurisdictions lead to wealth-stratification? ⋮ Endogenous formation of security exchanges ⋮ A Tiebout theorem ⋮ Formation of segregated and integrated groups ⋮ Dynamic club formation with coordination ⋮ Equilibria, the core and jurisdiction structures in economies with a local public good: A correction ⋮ Price taking equilibrium in economies with multiple memberships in clubs and unbounded club sizes ⋮ ``Almost subsidy-free spatial pricing in a multi-dimensional setting ⋮ Stability and segregation in group formation ⋮ Cores of many-player games; nonemptiness and equal treatment ⋮ Tiebout economies with differential genetic types and endogenously chosen crowding characteristics ⋮ Equilibrium in a finite local public goods economy ⋮ Anonymous price taking equilibrium in Tiebout economies with a continuum of agents: existence and characterization ⋮ The epsilon core of a large replica game ⋮ Approximate cores of replica games and economies. I: Replica games, externalities, and approximate cores ⋮ Approximate cores of replica games and economies. II: Set-up costs and firm formation in coalition production economies ⋮ Efficient club formation in a frictional environment
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