Status Equilibrium in Local Public Good Economies

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Status Equilibrium in Local Public Good Economies

Author Info

Anne van den Nouweland () (University of Oregon)
Myrna H. Wooders () (Vanderbilt University, Warwick University)

Additional information is available for the following registered author(s):

Myrna Wooders

Abstract

We define a concept of status equilibrium for local public good economies. A status equilibrium specifies one status index for each agent in an economy. These indices determine agents’ cost shares in any possible jurisdiction. We provide an axiomatic charaterization of status equilibrium using consistency properties.

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Paper provided by University of Oregon Economics Department in its series University of Oregon Economics Department Working Papers with number 2005-14.

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Length: 20
Date of creation: 25 Sep 2005
Date of revision: 01 May 2008
Handle: RePEc:ore:uoecwp:2005-14

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Paper
- Nouweland, Anne van den & Wooders, Myrna, 2005. "Status Equilibrium in Local Public Good Economies," The Warwick Economics Research Paper Series (TWERPS) 733, University of Warwick, Department of Economics. [Downloadable!]

Find related papers by JEL classification:
H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies

This paper has been announced in the following NEP Reports:

NEP-ALL-2005-09-29 (All new papers)
NEP-PBE-2005-09-29 (Public Economics)
NEP-URE-2005-09-29 (Urban & Real Estate Economics)

References listed on IDEAS
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.:

Anne van den Nouweland & Myrna H. Wooders & S. Tijs, 2002. "Axiomatization of ratio equilibria in public good economies," Social Choice and Welfare, Springer, vol. 19(3), pages 627-636. [Downloadable!] (restricted)
Other versions:
- van den Nouweland, A. & Wooders, M.H., 2001. "Axiomatization of Ratio Equilibria in Public Good Economies," The Warwick Economics Research Paper Series (TWERPS) 585, University of Warwick, Department of Economics. [Downloadable!]
Conley, John P. & Wooders, Myrna H., 2001. "Tiebout Economies with Differential Genetic Types and Endogenously Chosen Crowding Characteristics," Journal of Economic Theory, Elsevier, vol. 98(2), pages 261-294, June. [Downloadable!] (restricted)
Amrita Dhillon & Jean-Francois Mertens, 1999. "Relative Utilitarianism," Econometrica, Econometric Society, vol. 67(3), pages 471-498, May.
Other versions:
- Dhillon, A. & Mertens, J.F., 1993. "Relative Utilitarianism," Papers 9348, Catholique de Louvain - Center for Operations Research and Economics.
Mas-Colell, Andreu & Silvestre, Joaquim, 1989. "Cost share equilibria: A Lindahlian approach," Journal of Economic Theory, Elsevier, vol. 47(2), pages 239-256, April. [Downloadable!] (restricted)
Kaneko, Mamoru, 1977. "The ratio equilibrium and a voting game in a public goods economy," Journal of Economic Theory, Elsevier, vol. 16(2), pages 123-136, December. [Downloadable!] (restricted)
Hervé Moulin, 2000. "Priority Rules and Other Asymmetric Rationing Methods," Econometrica, Econometric Society, vol. 68(3), pages 643-684, May.
Myrna Holtz Wooders, 1996. "Equivalence of Lindahl equilibrium with participation prices and the core (*)," Economic Theory, Springer, vol. 9(1), pages 115-127.
Maskin, Eric, 1999. "Nash Equilibrium and Welfare Optimality," Review of Economic Studies, Blackwell Publishing, vol. 66(1), pages 23-38, January. [Downloadable!] (restricted)
Other versions:
- Eric Maskin, 1998. "Nash Equilibrium and Welfare Optimality," Harvard Institute of Economic Research Working Papers 1829, Harvard - Institute of Economic Research.
Kaneko, Mamoru, 1977. "The Ratio Equilibria and the Core of the Voting Game G(N, W) in a Public Goods Economy," Econometrica, Econometric Society, vol. 45(7), pages 1589-94, October. [Downloadable!] (restricted)
Foley, Duncan K, 1970. "Lindahl's Solution and the Core of an Economy with Public Goods," Econometrica, Econometric Society, vol. 38(1), pages 66-72, January. [Downloadable!] (restricted)

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