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Independence of Allocative Efficiency from Distribution in the Theory of Public Goods Author info | Abstract | Publisher info | Download info | Related research | Statistics Ted Bergstrom (University of California, Santa Barbara)
Richard Cornes (Nottingham University)
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When is the Pareto optimal amount of public goods independent of income distribution? Subject to some regularity conditions, the answer is when preferences of every individual i can be represented by a utility function of the form U(X_i,Y)=A(Y)X_i+B_i(Y) where X_i is i's consumption of private goods and Y is the amount of public goods.
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Paper provided by Department of Economics, UC Santa Barbara in its series University of California at Santa Barbara, Economics Working Paper Series with number
1983B.
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Date of creation: 01 Nov 1983Date of revision:
Handle: RePEc:cdl:ucsbec:1983bNote: oai:cdlib1:Contact details of provider: Postal: 2127 North Hall, Santa Barbara, CA 93106-9210 Phone: (805) 893-3670 Fax: (805) 893-8830 Web page: http://repositories.cdlib.org/ucsbecon/dwp/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Keywords: public goods ; independence ; allocation ; distribution ; duality ; Gorman polar form ; ; Other versions of this item:
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