Nouweland, Anne van den (Department of Economics, Vanderbilt University,) Wooders, Myrna (Department of Economics, Vanderbilt University and Department of Economics, University of Warwick)
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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 characterization of status equilibrium using consistency properties.
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