Subscription equilibria with public production: Existence and regularity
We revisit the analysis of subscription equilibria in a full fledged general equilibrium model with public goods. We study the case of a nonprofit, or public, firm that produces the public good using private goods as inputs, which are to be financed by voluntary contributions (subscriptions) of households. We prove existence and generic regularity of subscription equilibria.
|Date of creation:||06 May 2005|
|Date of revision:||21 Sep 2006|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
More information through EDIRC
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.:
- Shafer, Wayne & Sonnenschein, Hugo, 1975.
"Some theorems on the existence of competitive equilibrium,"
Journal of Economic Theory,
Elsevier, vol. 11(1), pages 83-93, August.
- Wayne Shafer & Hugo Sonnenschein, 1974. "Some Theorems on the Existence of Competitive Equilibrium," Discussion Papers 103, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Antonio Villanacci & Ünal Zenginobuz, 2007. "On the Neutrality of Redistribution in a General Equilibrium Model with Public Goods," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 9(2), pages 183-200, 04.
- Villanacci, Antonio & Zenginobuz, Unal, 2001. "On the neutrality of redistribution in a general equilibrium model with public goods," MPRA Paper 190, University Library of Munich, Germany, revised 09 Aug 2005.
- Bergstrom, Theodore & Blume, Lawrence & Varian, Hal, 1986. "On the private provision of public goods," Journal of Public Economics, Elsevier, vol. 29(1), pages 25-49, February.
- Cornes, Richard & Hartley, Roger & Sandler, Todd, 1999. " Equilibrium Existence and Uniqueness in Public Good Models: An Elementary Proof via Contraction," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 1(4), pages 499-509.
- Cornes, Richard & Hartley, Roger & Sandler, Todd, 1999. "Equilibrium Existence and Uniqueness in Public Good Models: An Elementary Proof Via Contraction," Staff General Research Papers Archive 1630, Iowa State University, Department of Economics.
- Richard Cornes & Roger Hartley & Todd Sandler, 1999. "Equilibrium Existence and Uniqueness in Public Good Models: An Elementary Proof via Contraction," Keele Department of Economics Discussion Papers (1995-2001) 99/02, Department of Economics, Keele University.
- Myles,Gareth D., 1995. "Public Economics," Cambridge Books, Cambridge University Press, number 9780521497695, February.
- Unal Zenginobuz & Antonio Villanacci, 2009. "Subscription Equilibrium with Production: Neutrality and Constrained Suboptimality of Equilibria," Working Papers 2009/03, Bogazici University, Department of Economics.
- Villanacci, Antonio & Zenginobuz, E.Unal, 2005. "Existence and regularity of equilibria in a general equilibrium model with private provision of a public good," Journal of Mathematical Economics, Elsevier, vol. 41(4-5), pages 617-636, August.
- Cornes, Richard & Sandler, Todd, 1985. "The Simple Analytics of Pure Public Good Provision," Economica, London School of Economics and Political Science, vol. 52(205), pages 103-116, February. Full references (including those not matched with items on IDEAS)