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On Equal Cost Sharing in the Provision of an Excludable Public Good

Author

Listed:
  • Jordi Massó

    (Departamento de Economía e Historia Económica, Universidad Autònoma de Barcelona y Barcelona GSE)

  • Antonio Nicoloó

    (Dipartimento di Scienze Economiche. Università degli Studi di Padova.)

  • Tridib Sharma

    (Centro de Investigación Económica (CIE), Instituto Tecnológico Autónomo de México (ITAM))

  • Levent Ülkü

    (Centro de Investigación Económica (CIE), Instituto Tecnológico Autónomo de México (ITAM))

Abstract

We study the effciency and fairness properties of the equal cost sharing mechanism in the provision of a binary and excludable public good. According to the maximal welfare loss criterion, equal cost sharing is optimal within the class of strategyproof, individually rational and no-budgetde cit mechanisms only when there are 2 agents. In general the equal cost

Suggested Citation

  • 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.
    • Handle: RePEc:cie:wpaper:1306
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Long, Yan & Mishra, Debasis & Sharma, Tridib, 2017. "Balanced ranking mechanisms," Games and Economic Behavior, Elsevier, vol. 105(C), pages 9-39.
    2. Mackenzie, Andrew & Trudeau, Christian, 0. "On Groves mechanisms for costly inclusion," Theoretical Economics, Econometric Society.
    3. Harless, Patrick, 2017. "Wary of the worst: Maximizing award guarantees when new claimants may arrive," Games and Economic Behavior, Elsevier, vol. 105(C), pages 316-328.
    4. 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.

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    More about this item

    Keywords

    Excludable public good; Equal cost sharing; Maximal welfare loss;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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