Distributive Justice with Externalities and Public Goods
Somdeb Lahiri
IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department
Abstract:
We analyze in this paper the distribution of a fixed amount of perfectly devisable private goods among a fixed number of agents and with a certain portion of the private goods allocated for the creation of public goods. Each agent’s preferences exhibit a type of consumption externality made precise in the paper, and we focus our attention on the existence of efficient and egalitarian allocations of the goods.
Date: 1991-12-01
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Persistent link: https://EconPapers.repec.org/RePEc:iim:iimawp:wp01069
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