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When Does the Equal Income Lindahl Equilibrium Solution Satisfy Resource Monotonicity?

Somdeb Lahiri

IIMA Working Papers from Indian Institute of Management Ahmedabad, Research and Publication Department

Abstract: In this paper we show that the Equal Income Lindahl Equilibrium solution Function satisfies resource monotonicity when preferences are quasi-linear and there is a constant returns to scale technology converting private good into public good.

Date: 1992-04-01
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