Lindahl Equilibrium and Schweitzer's Open Club Model Semi-Public Goods
AbstractLimit core allocations are the ones that remain in the core of a replicated economy.An equivalent notion for economies with public goods is Schweizer s concept of club e ciency under a variable number of economic agents.We extend this notion to economies with goods that have a semi-public nature.We show that given certain conditions the equivalence of club e cient allocations and Lindahl equilibria holds for a wide range of economies with semi-public club goods.We also show that extension to a more general class of economies seems implausible.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2003-56.
Date of creation: 2003
Date of revision:
Contact details of provider:
Web page: http://center.uvt.nl
general equilibrium; public goods; efficiency; allocation;
Find related papers by JEL classification:
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
This paper has been announced in the following NEP Reports:
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.:
- Vasil'ev, Valery & Weber, Shlomo & Wiesmeth, Hans, 1995.
"Core Equivalence with Congested Public Goods,"
Springer, vol. 6(3), pages 373-87, November.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Richard Broekman).
If references are entirely missing, you can add them using this form.