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Lindahl Equilibrium and Schweitzer's Open Club Model Semi-Public Goods
| Content Provider | Semantic Scholar |
|---|---|
| Author | Raa, Thijs Ten Gilles, Robert P. |
| Copyright Year | 2003 |
| Abstract | Limit core allocations are the ones that remain in the core of a replicated economy.An equivalent notion for economies with public goods is Schweizer s concept of club e ciency under a variable number of economic agents.We extend this notion to economies with goods that have a semi-public nature.We show that given certain conditions the equivalence of club e cient allocations and Lindahl equilibria holds for a wide range of economies with semi-public club goods.We also show that extension to a more general class of economies seems implausible. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://pure.uvt.nl/ws/portalfiles/portal/545691/56.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
