Implementing Lindahl allocations by a withholding mechanism
AbstractThis paper investigates the problem of designing mechanisms whose Nash allocations coincide with Lindahl allocations for public goods economies when initial endowments are private information and unreported endowments are consumed (withheld) but are not destroyed. It will be noted that the mechanism presented here is individually feasible, balanced, and continuous. Besides, we allow preferences of agents to be nontotal-nontransitive and discontinuous.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Mathematical Economics.
Volume (Year): 22 (1993)
Issue (Month): 2 ()
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Web page: http://www.elsevier.com/locate/jmateco
Other versions of this item:
- Tian, Guoqiang, 1991. "Implementing Lindahl Allocations by a Withholding Mechanism," MPRA Paper 41255, University Library of Munich, Germany.
- D6 - Microeconomics - - Welfare Economics
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- Mas-Colell, Andreu, 1980. "Efficiency and Decentralization in the Pure Theory of Public Goods," The Quarterly Journal of Economics, MIT Press, vol. 94(4), pages 625-41, June.
- Tian, Guoqiang, 1989. "Implementation of the Lindahl Correspondence by a Single-Valued, Feasible, and Continuous Mechanism," Review of Economic Studies, Wiley Blackwell, vol. 56(4), pages 613-21, October.
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Staff General Research Papers
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- Matteo Triossi & Luis Corchón, 2006.
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- Luis C. Corchon & Matteo Triosi, 2005. "Implementation With State Dependent Feasible Sets And Preferences: A Renegotiation Approach," Economics Working Papers we057136, Universidad Carlos III, Departamento de Economía.
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- Sébastien Rouillon, 2013. "Anonymous implementation of the Lindahl correspondence: possibility and impossibility results," Social Choice and Welfare, Springer, vol. 40(4), pages 1179-1203, April.
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"A Crash Course in Implementation Theory,"
1076, California Institute of Technology, Division of the Humanities and Social Sciences.
- Tian, Guoqiang, 2000. "Double implementation of linear cost share equilibrium allocations," Mathematical Social Sciences, Elsevier, vol. 40(2), pages 175-189, September.
- Tian, Guoqiang, 1997. "Virtual implementation in incomplete information environments with infinite alternatives and types," Journal of Mathematical Economics, Elsevier, vol. 28(3), pages 313-339, October.
- Tian, Guoqiang & Li, Qi, 1995. "Ratio-Lindahl equilibria and an informationally efficient and implementable mixed-ownership system," Journal of Economic Behavior & Organization, Elsevier, vol. 26(3), pages 391-411, May.
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