Status Equilibrium in Local Public Good Economies

A. van den Nouweland and Myrna Wooders

No 269626, Economic Research Papers from University of Warwick - Department of Economics

Abstract: We define a concept of status equilibrium for local public good economies. A status equilibrium specifies one status index for each agent in an economy. These indices determine agents’ cost shares in any possible jurisdiction. We provide an axiomatic characterization of status equilibrium using consistency properties.

Keywords: Agricultural and Food Policy; Public Economics (search for similar items in EconPapers)
Pages: 21
Date: 2005-09-19
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Related works:
Working Paper: Status Equilibrium in Local Public Good Economies (2008)
Working Paper: Status Equilibrium in Local Public Good Economies (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uwarer:269626

DOI: 10.22004/ag.econ.269626

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