Implementing Lindahl Allocations by a Withholding Mechanism
AbstractThis paper investigates the problem of designing mechanisms whose Nash allocations coincide with Lindahl allocations for public goods economies when initial endowments are private information and unreported endowments are consumed (withheld) but are not destroyed. It will be noted that the mechanism presented here is individually feasible, balanced, and continuous. Besides, we allow preferences of agents to be nontotal-nontransitive and discontinuous.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 41255.
Date of creation: May 1991
Date of revision:
Publication status: Published in Journal of Mathematical Economics 2.22(1993): pp. 169-179
Lindahl allocations; withholding mechanism;
Other versions of this item:
- Tian, Guoqiang, 1993. "Implementing Lindahl allocations by a withholding mechanism," Journal of Mathematical Economics, Elsevier, vol. 22(2), pages 169-179.
- D6 - Microeconomics - - Welfare Economics
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"The Theory of Implementation of Social Choice Rules,"
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