Julian Manning (Department of Economics, University of New South Wales and Department of Economics, University of Pennsylvania)
Abstract
Traditionally in the literature on local public goods it is assumed that each local public good is a selection from a convex space. In this paper existence is shown for a class of finite models where local public goods are selections from abstract, possibly non-convex, commodity spaces. These equilibria are shown to contain the core.
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Paper provided by EconWPA in its series Public Economics with number
9406004.
Length: 21 pages Date of creation: 18 Jun 1994 Date of revision: Handle: RePEc:wpa:wuwppe:9406004
Note: 21 pages, TeX file, macros included Contact details of provider: Web page: http://129.3.20.41
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Find related papers by JEL classification: D6 - Microeconomics - - Welfare Economics D7 - Microeconomics - - Analysis of Collective Decision-Making H - Public Economics
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