On Equal Cost Sharing in the Provision of an Excludable Public Good
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
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- SPRUMONT, Yves, 2011.
"Constrained-optimal strategy-proof assignment: beyond the Groves mechanisms,"
Cahiers de recherche
2011-09, Universite de Montreal, Departement de sciences economiques.
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