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Implementing Lindahl Allocations by a Withholding Mechanism

  • Tian, Guoqiang

This paper investigates the problem of designing mechanisms whose Nash allocations coincide with Lindahl allocations for public goods economies when initial endowments are private information and unreported endowments are consumed (withheld) but are not destroyed. It will be noted that the mechanism presented here is individually feasible, balanced, and continuous. Besides, we allow preferences of agents to be nontotal-nontransitive and discontinuous.

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File URL: https://mpra.ub.uni-muenchen.de/41255/1/MPRA_paper_41255.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 41255.

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Date of creation: May 1991
Date of revision:
Publication status: Published in Journal of Mathematical Economics 2.22(1993): pp. 169-179
Handle: RePEc:pra:mprapa:41255
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  1. Kim, Taesung & Richter, Marcel K., 1986. "Nontransitive-nontotal consumer theory," Journal of Economic Theory, Elsevier, vol. 38(2), pages 324-363, April.
  2. repec:oup:restud:v:46:y:1979:i:2:p:217-25 is not listed on IDEAS
  3. repec:oup:restud:v:56:y:1989:i:4:p:613-21 is not listed on IDEAS
  4. Tian, Guoqiang & Li, Qi, 1991. "Completely feasible and continuous implementation of the Lindahl correspondence with any number of goods," Mathematical Social Sciences, Elsevier, vol. 21(1), pages 67-79, February.
  5. Mas-Colell,Andreu, 1990. "The Theory of General Economic Equilibrium," Cambridge Books, Cambridge University Press, number 9780521388702, 1.
  6. Tian, Guoqiang, 1988. "On the constrained Walrasian and Lindahl correspondences," Economics Letters, Elsevier, vol. 26(4), pages 299-303.
  7. Abreu, Dilip & Sen, Arunava, 1990. "Subgame perfect implementation: A necessary and almost sufficient condition," Journal of Economic Theory, Elsevier, vol. 50(2), pages 285-299, April.
  8. Andreu Mas-Colell, 1980. "Efficiency and Decentralization in the Pure Theory of Public Goods," The Quarterly Journal of Economics, Oxford University Press, vol. 94(4), pages 625-641.
  9. Palfrey, Thomas R & Srivastava, Sanjay, 1991. "Nash Implementation Using Undominated Strategies," Econometrica, Econometric Society, vol. 59(2), pages 479-501, March.
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