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Subscription equilibria with public production: Existence and regularity

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Author Info
Villanacci, Antonio
Zenginobuz, Unal

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Abstract

We revisit the analysis of subscription equilibria in a full fledged general equilibrium model with public goods. We study the case of a nonprofit, or public, firm that produces the public good using private goods as inputs, which are to be financed by voluntary contributions (subscriptions) of households. We prove existence and generic regularity of subscription equilibria.

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File URL: http://mpra.ub.uni-muenchen.de/132/
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 132.

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Date of creation: 06 May 2005
Date of revision: 21 Sep 2006
Handle: RePEc:pra:mprapa:132

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Related research
Keywords: general equilibrium public goods subscription equilibrium existence generic regularity

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Find related papers by JEL classification:
D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

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  1. Villanacci, Antonio & Zenginobuz, E.Unal, 2005. "Existence and regularity of equilibria in a general equilibrium model with private provision of a public good," Journal of Mathematical Economics, Elsevier, vol. 41(4-5), pages 617-636, August. [Downloadable!] (restricted)
  2. Villanacci, Antonio & Zenginobuz, Unal, 2001. "On the neutrality of redistribution in a general equilibrium model with public goods," MPRA Paper 190, University Library of Munich, Germany, revised 09 Aug 2005. [Downloadable!]
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  1. Villanacci, Antonio & Zenginobuz, Unal, 2001. "On the neutrality of redistribution in a general equilibrium model with public goods," MPRA Paper 190, University Library of Munich, Germany, revised 09 Aug 2005. [Downloadable!]
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