Share equilibrium in local public good economies

DOI10.1016/J.JMATECO.2010.12.008zbMATH Open1242.91072OpenAlexW2170992430MaRDI QIDQ433157FDOQ433157

Myrna Wooders, Anne van den Nouweland

Publication date: 13 July 2012

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2010.12.008

Recommendations

• Existence of share equilibrium in symmetric local public good economies
• Cost share equilibria: a Lindahlian approach
• Existence, uniqueness and some comparative statics for ratio and Lindahl equilibria
• Two characterizations of cost share equilibria
• The equivalence of core and cost share equilibria in an economy with a public good

zbMATH Keywords

consistencyaxiomatizationclub economycost share equlilibriumlocal public good economyratio equilibriumshare equilibrium

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Public goods (91B18)

Cites Work

• Relative Utilitarianism
• Priority Rules and Other Asymmetric Rationing Methods
• Nash Equilibrium and Welfare Optimality
• The Ratio Equilibria and the Core of the Voting Game G(N, W) in a Public Goods Economy
• The partnered core of a game without side payments
• Efficiency and Decentralization in the Pure Theory of Public Goods
• Lindahl's Solution and the Core of an Economy with Public Goods
• Price taking equilibrium in economies with multiple memberships in clubs and unbounded club sizes
• Cost share equilibria: a Lindahlian approach
• Axiomatic characterizations of the Walras correspondence for generalized economies
• Equivalence of Lindahl equilibrium with participation prices and the core
• Axiomatization of ratio equilibria in public good economies

Cited In (14)

• The equivalence of core and cost share equilibria in an economy with a public good
• Some comments on majority rule equilibria in local public good economies
• Externality and information asymmetry in the production of local public goods
• Equilibrium in a finite local public goods economy
• Existence of share equilibrium in symmetric local public good economies
• Equilibrium and Local Redistribution in an Urban Economy when Households Differ in both Preferences and Incomes
• Cost share equilibria: a Lindahlian approach
• Local coordination and market equilibria.
• Existence, uniqueness and some comparative statics for ratio and Lindahl equilibria
• Lindahl equilibrium and Schweizer's open club model with semipublic goods
• Ratio-Lindahl and ratio equilibria with many goods
• Axiomatization of ratio equilibria in public good economies
• Regular public good economies
• Local public good equilibrium

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