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Welfare asymptotics of the pivotal mechanism for excludable public goods

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  • Deb, Rajat
  • Ghosh, Indranil K.
  • Seo, Tae Kun

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  • 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.
    • Handle: RePEc:eee:matsoc:v:43:y:2002:i:2:p:209-224
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    1. Dearden, James A., 1997. "Efficiency and exclusion in collective action allocations," Mathematical Social Sciences, Elsevier, vol. 34(2), pages 153-174, October.
    2. 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.
    3. Edward Clarke, 1971. "Multipart pricing of public goods," Public Choice, Springer, vol. 11(1), pages 17-33, September.
    4. Green, Jerry & Kohlberg, Elon & Laffont, Jean-Jacques, 1976. "Partial equilibrium approach to the free-rider problem," Journal of Public Economics, Elsevier, vol. 6(4), pages 375-394, November.
    5. Gary-Bobo, Robert J. & Jaaidane, Touria, 2000. "Polling mechanisms and the demand revelation problem," Journal of Public Economics, Elsevier, vol. 76(2), pages 203-238, May.
    6. Hervé Moulin, 1994. "Serial Cost-Sharing of Excludable Public Goods," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 61(2), pages 305-325.
    7. Moulin, H., 1986. "Characterizations of the pivotal mechanism," Journal of Public Economics, Elsevier, vol. 31(1), pages 53-78, October.
    8. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-631, July.
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    Cited by:

    1. Maniquet, François & Sprumont, Yves, 2010. "Sharing the cost of a public good: An incentive-constrained axiomatic approach," Games and Economic Behavior, Elsevier, vol. 68(1), pages 275-302, January.
    2. Rajat Deb & Laura Razzolini & Tae Seo, 2006. "The conservative equal costs rule, the serial cost sharing rule and the pivotal mechanism: asymptotic welfare loss comparisons for the case of an excludable public project," Review of Economic Design, Springer;Society for Economic Design, vol. 10(3), pages 205-232, December.
    3. Moulin, Hervé, 2009. "Almost budget-balanced VCG mechanisms to assign multiple objects," Journal of Economic Theory, Elsevier, vol. 144(1), pages 96-119, January.

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