Efficiency in Economies with Jurisdictions and Public Projects
Julian Manning Additional contact information Julian Manning: Department of Economics, University of New South Wales and Department of Economics, University of Pennsylvania
Abstract:
Traditionally in the literature on local public goods it is assumed that each local public good is a selection from a convex space. In this paper existence is shown for a class of finite models where local public goods are selections from abstract, possibly non-convex, commodity spaces. These equilibria are shown to contain the core.
JEL-codes:D6D7H (search for similar items in EconPapers) Date: 1994-06-18 Note: 21 pages, TeX file, macros included View list of references