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Edgeworth and Lindahl-Foley equilibria of a General Equilibrium Model with Private Provision of Pure Public Goods Author info | Abstract | Publisher info | Download info | Related research | Statistics MONIQUE FLORENZANO
ELENA L. del MERCATO
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In this paper, we propose a definition of Edgeworth equilibrium for a private ownership production economy with (possibly infinitely) many private goods and a finite number of pure public goods. We show that Edgeworth equilibria exist whatever be the dimension of the private goods space and can be decentralized, in the finite and infinite dimensional cases, as Lindahl-Foley equilibria. Existence theorems for Lindahl-Foley equilibria are a by-product of our results. Copyright 2006 Blackwell Publishing, Inc..
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Article provided by Association for Public Economic Theory in its journal Journal of Public Economic Theory .
Volume (Year): 8 (2006)
Issue (Month): 5 (December)
Pages: 713-740
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Handle: RePEc:bla:jpbect:v:8:y:2006:i:5:p:713-740Contact details of provider: Web page: http://www.blackwellpublishing.com/journal.asp?ref=1097-3923
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Nizar Allouch & Monique Florenzano, 2004.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Bejan, Camelia & Bidian, Florin, 2009.
"Ownership Structure and Efficiency in Large Economies ,"
MPRA Paper
17677, University Library of Munich, Germany.
[Downloadable!]
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