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Efficient public goods provision with incomplete markets

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  • Greg Hunter

Abstract

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Suggested Citation

  • Greg Hunter, 2012. "Efficient public goods provision with incomplete markets," Public Choice, Springer, vol. 151(3), pages 445-464, June.
    • Handle: RePEc:kap:pubcho:v:151:y:2012:i:3:p:445-464
    DOI: 10.1007/s11127-010-9753-z
    as

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    References listed on IDEAS

    as
    1. Hansen, Lars Peter & Jagannathan, Ravi, 1991. "Implications of Security Market Data for Models of Dynamic Economies," Journal of Political Economy, University of Chicago Press, vol. 99(2), pages 225-262, April.
    2. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    3. Edward Clarke, 1971. "Multipart pricing of public goods," Public Choice, Springer, vol. 11(1), pages 17-33, September.
    4. Kenneth J. Arrow & Robert C. Lind, 1974. "Uncertainty and the Evaluation of Public Investment Decisions," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 3, pages 54-75, Palgrave Macmillan.
    5. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-631, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Public goods; Incomplete markets; Incomplete information; Mechanism design; Efficiency; Discount rate; Cost-benefit; Uncertainty; General equilibrium; C7; D8; D9; H0; H4;
    All these keywords.

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • D9 - Microeconomics - - Micro-Based Behavioral Economics
    • H0 - Public Economics - - General
    • H4 - Public Economics - - Publicly Provided Goods

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