Government and the provision of public goods: from equilibrium models to mechanism design
Focussing on their analysis of the optimal public goods provision problems, this paper follows the parallel development of equilibrium models and mechanism design after the accommodation of Samuelson's definition of collective goods to the general equilibrium framework. Both paradigms lead to the negative conclusion of the impossibility of a fully decentralized optimal public goods provision throught market or market-like institutions.
|Date of creation:||Oct 2010|
|Publication status:||Published in European Journal of the History of Economic Thought, Taylor & Francis (Routledge), 2010, 17 (4), pp.1047-1077. <10.1080/09672567.2010.499469>|
|Note:||View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00531464|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bonnisseau, Jean-Marc, 1991. "Existence of Lindahl equilibria in economies with nonconvex production sets," Journal of Economic Theory, Elsevier, vol. 54(2), pages 409-416, August.
When requesting a correction, please mention this item's handle: RePEc:hal:cesptp:halshs-00531464. 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: (CCSD)
If references are entirely missing, you can add them using this form.