Locating libraries on a street
Hotelling (1929) studied two competing firms choosing their locations on a street. We consider instead a planner who builds two identical public facilities (e.g., libraries, parks, bridges, etc). We ask a normative question: Where should the planner build these facilities? We prove an axiomatic characterization of the efficient social choice rules that satisfy what is called the replacement-domination, which is a formulation of the idea of "solidarity" among the agents.
Volume (Year): 18 (2001)
Issue (Month): 3 ()
|Note:||Received: 26 November 1997/Accepted: 28 February 2000|
|Contact details of provider:|| Web page: http://link.springer.de/link/service/journals/00355/index.htm|
|Order Information:||Web: http://link.springer.de/orders.htm|
When requesting a correction, please mention this item's handle: RePEc:spr:sochwe:v:18:y:2001:i:3:p:527-541. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn)or (Christopher F Baum)
If references are entirely missing, you can add them using this form.