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The conservative equal costs rule, the serial cost sharing rule and the pivotal mechanism: asymptotic welfare loss comparisons for the case of an excludable public project

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Author Info
Rajat Deb ()
Laura Razzolini ()
Tae Seo ()

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Abstract

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File URL: http://hdl.handle.net/10.1007/s10058-006-0010-3
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Article provided by Springer in its journal Review of Economic Design.

Volume (Year): 10 (2006)
Issue (Month): 3 (December)
Pages: 205-232
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Handle: RePEc:spr:reecde:v:10:y:2006:i:3:p:205-232

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Related research
Keywords: Strategy proof; Serial cost sharing; Pivotal mechanism; Asymptotic welfare loss; Efficient surplus; H41; C72; D78;

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  1. Shinji Ohseto, 2005. "Augmented serial rules for an excludable public good," Economic Theory, Springer, vol. 26(3), pages 589-606, October. [Downloadable!] (restricted)
  2. Moulin, Herve & Shenker, Scott, 1996. "Strategyproof Sharing of Submodular Access Costs: Budget Balance versus Efficiency," Working Papers 96-31, Duke University, Department of Economics. [Downloadable!]
  3. Green, Jerry & Kohlberg, Elon & Laffont, Jean-Jacques, 1976. "Partial equilibrium approach to the free-rider problem," Journal of Public Economics, Elsevier, vol. 6(4), pages 375-394, November. [Downloadable!] (restricted)
  4. Deb, Rajat & Razzolini, Laura, 1999. "Voluntary cost sharing for an excludable public project," Mathematical Social Sciences, Elsevier, vol. 37(2), pages 123-138, March. [Downloadable!] (restricted)
  5. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-31, July. [Downloadable!] (restricted)
  6. Deb, Rajat & Ghosh, Indranil K. & Seo, Tae Kun, 2002. "Welfare asymptotics of the pivotal mechanism for excludable public goods," Mathematical Social Sciences, Elsevier, vol. 43(2), pages 209-224, March. [Downloadable!] (restricted)
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