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Auction-Like Mechanisms for Pricing Excludable Public Goods

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  • Deb, Rajat
  • Razzolini, Laura

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  • Deb, Rajat & Razzolini, Laura, 1999. "Auction-Like Mechanisms for Pricing Excludable Public Goods," Journal of Economic Theory, Elsevier, vol. 88(2), pages 340-368, October.
  • Handle: RePEc:eee:jetheo:v:88:y:1999:i:2:p:340-368
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    1. Palfrey, Thomas R. & Rosenthal, Howard, 1984. "Participation and the provision of discrete public goods: a strategic analysis," Journal of Public Economics, Elsevier, vol. 24(2), pages 171-193, July.
    2. Kleindorfer Paul R. & Sertel Murat R., 1994. "Auctioning the Provision of an Indivisible Public Good," Journal of Economic Theory, Elsevier, vol. 64(1), pages 20-34, October.
    3. Bliss, Christopher & Nalebuff, Barry, 1984. "Dragon-slaying and ballroom dancing: The private supply of a public good," Journal of Public Economics, Elsevier, vol. 25(1-2), pages 1-12, November.
    4. Edward Clarke, 1971. "Multipart pricing of public goods," Public Choice, Springer, vol. 11(1), pages 17-33, September.
    5. Deb, Rajat & Razzolini, Laura, 1999. "Voluntary cost sharing for an excludable public project," Mathematical Social Sciences, Elsevier, vol. 37(2), pages 123-138, March.
    6. Gradstein, Mark, 1994. "Efficient Provision of a Discrete Public Good," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(4), pages 877-897, November.
    7. Milgrom, Paul R & Weber, Robert J, 1982. "A Theory of Auctions and Competitive Bidding," Econometrica, Econometric Society, vol. 50(5), pages 1089-1122, September.
    8. William Vickrey, 1961. "Counterspeculation, Auctions, And Competitive Sealed Tenders," Journal of Finance, American Finance Association, vol. 16(1), pages 8-37, March.
    9. Mark A. Satterthwaite & Hugo Sonnenschein, 1981. "Strategy-Proof Allocation Mechanisms at Differentiable Points," Review of Economic Studies, Oxford University Press, vol. 48(4), pages 587-597.
    10. Milgrom, Paul, 1989. "Auctions and Bidding: A Primer," Journal of Economic Perspectives, American Economic Association, vol. 3(3), pages 3-22, Summer.
    11. Hervé Moulin, 1994. "Serial Cost-Sharing of Excludable Public Goods," Review of Economic Studies, Oxford University Press, vol. 61(2), pages 305-325.
    12. McAfee, R Preston & McMillan, John, 1987. "Auctions and Bidding," Journal of Economic Literature, American Economic Association, vol. 25(2), pages 699-738, June.
    13. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-631, July.
    14. Nitzan, Shmuel & Romano, Richard E., 1990. "Private provision of a discrete public good with uncertain cost," Journal of Public Economics, Elsevier, vol. 42(3), pages 357-370, August.
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    Cited by:

    1. Deb, Rajat & Ghosh, Indranil K. & Seo, Tae Kun, 2002. "Welfare asymptotics of the pivotal mechanism for excludable public goods," Mathematical Social Sciences, Elsevier, vol. 43(2), pages 209-224, March.
    2. Jordi Massó & Antonio Nicoloó & Tridib Sharma & Levent Ülkü, 2013. "On Equal Cost Sharing in the Provision of an Excludable Public Good," Working Papers 1306, Centro de Investigacion Economica, ITAM.
    3. Aoyagi, Masaki, 2013. "Coordinating adoption decisions under externalities and incomplete information," Games and Economic Behavior, Elsevier, vol. 77(1), pages 77-89.
    4. Deb, Rajat & Razzolini, Laura & Seo, Tae Kun, 2003. "Strategy-proof cost sharing, ability to pay and free provision of an indivisible public good," Mathematical Social Sciences, Elsevier, vol. 45(2), pages 205-227, April.
    5. Kazuhiko Hashimoto & Hiroki Saitoh, 2016. "Strategy-proof rules for an excludable public good," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 46(4), pages 749-766, April.
    6. Olszewski, Wojciech, 2004. "Coalition strategy-proof mechanisms for provision of excludable public goods," Games and Economic Behavior, Elsevier, vol. 46(1), pages 88-114, January.
    7. Masaki Aoyagi, 2010. "Monopoly Sale of a Network Good," ISER Discussion Paper 0794, Institute of Social and Economic Research, Osaka University.
    8. Kazuhiko Hashimoto & Kohei Shiozawa, 2018. "Strategy-Proofness and Efficiency of Probabilistic Mechanisms for Excludable Public Good," Working Papers e118, Tokyo Center for Economic Research.
    9. Gustavo Bergantiños & Jordi Massó & Alejandro Neme, 2017. "On societies choosing social outcomes, and their memberships: strategy-proofness," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 48(4), pages 857-875, April.
    10. Jackson, M.O.Matthew O. & Nicolo, Antonio, 2004. "The strategy-proof provision of public goods under congestion and crowding preferences," Journal of Economic Theory, Elsevier, vol. 115(2), pages 278-308, April.
    11. Rajat Deb & Tae Seo, 2010. "Strategy-proofness and public good provision using referenda based on unequal cost sharing," International Journal of Game Theory, Springer;Game Theory Society, vol. 39(1), pages 223-236, March.
    12. Hellwig, Martin F., 2005. "A utilitarian approach to the provision and pricing of excludable public goods," Journal of Public Economics, Elsevier, vol. 89(11-12), pages 1981-2003, December.
    13. Shichijo, Tatsuhiro & Fukuda, Emiko, 2021. "Cost-sharing mechanism for excludable goods with generalized non-rivalry," Journal of Economic Theory, Elsevier, vol. 193(C).
    14. Mackenzie, Andrew & Trudeau, Christian, 2018. "Club good mechanisms: from free-riders to citizen-shareholders, from impossibility to characterization," Research Memorandum 012, Maastricht University, Graduate School of Business and Economics (GSBE).
    15. Laura Razzolini & Michael Reksulak & Robert Dorsey, 2007. "An Experimental Evaluation of the Serial Cost Sharing Rule," Theory and Decision, Springer, vol. 63(3), pages 283-314, November.
    16. Andrew Mackenzie & Christian Trudeau, 2021. "On Groves Mechanisms for Costly Inclusion," Working Papers 1901, University of Windsor, Department of Economics.
    17. Massó, Jordi & Nicolò, Antonio & Sen, Arunava & Sharma, Tridib & Ülkü, Levent, 2015. "On cost sharing in the provision of a binary and excludable public good," Journal of Economic Theory, Elsevier, vol. 155(C), pages 30-49.
    18. Baik, Kyung Hwan & Kim, In-Gyu & Na, Sunghyun, 2001. "Bidding for a group-specific public-good prize," Journal of Public Economics, Elsevier, vol. 82(3), pages 415-429, December.
    19. Murat Yilmaz, 2010. "Auctioning a Discrete Public Good under Incomplete Information," Working Papers 2010/14, Bogazici University, Department of Economics.
    20. Dearden, James A., 1997. "Efficiency and exclusion in collective action allocations," Mathematical Social Sciences, Elsevier, vol. 34(2), pages 153-174, October.
    21. Gailmard, Sean & Palfrey, Thomas R., 2005. "An experimental comparison of collective choice procedures for excludable public goods," Journal of Public Economics, Elsevier, vol. 89(8), pages 1361-1398, August.
    22. Dobzinski, Shahar & Mehta, Aranyak & Roughgarden, Tim & Sundararajan, Mukund, 2018. "Is Shapley cost sharing optimal?," Games and Economic Behavior, Elsevier, vol. 108(C), pages 130-138.
    23. Shinji Ohseto, 2010. "Serial Mechanisms For The Provision Of An Excludable Public Good," The Japanese Economic Review, Japanese Economic Association, vol. 61(4), pages 507-516, December.
    24. Deb, Rajat & Razzolini, Laura, 1999. "Voluntary cost sharing for an excludable public project," Mathematical Social Sciences, Elsevier, vol. 37(2), pages 123-138, March.
    25. Yan Long, 2019. "Strategy-proof group selection under single-peaked preferences over group size," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 68(3), pages 579-608, October.

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