The pure theory of public goods: Efficiency, decentralization, and the core

被引：20

作者：

Diamantaras, D ^{[1
]}

Gilles, RP ^{[1
]}

机构：

[1] VIRGINIA POLYTECH INST & STATE UNIV,BLACKSBURG,VA 24061

来源：

INTERNATIONAL ECONOMIC REVIEW | 1996年 / 37卷 / 04期

关键词：

D O I：

10.2307/2527314

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We extend the findings of Mas-Colell on valuation equilibria and the relationship of cost-share equilibria with the core. We allow for any finite number of private goods and a set of public projects without any structure. We show the two welfare theorems for valuation equilibrium, the inclusion of the set of cost-share equilibria in the core, and the nonequivalence of these two sets for an economy with a finite number of agents.

引用

页码：851 / 860

页数：10

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