Subscription equilibria with public production: Existence and regularity

Antonio Villanacci () and Ünal Zenginobuz ()

MPRA Paper from University Library of Munich, Germany

Abstract: We revisit the analysis of subscription equilibria in a full fledged general equilibrium model with public goods. We study the case of a nonprofit, or public, firm that produces the public good using private goods as inputs, which are to be financed by voluntary contributions (subscriptions) of households. We prove existence and generic regularity of subscription equilibria.

Keywords: general equilibrium; public goods; subscription equilibrium; existence; generic regularity (search for similar items in EconPapers)
JEL-codes: D51 H41 (search for similar items in EconPapers)
Date: 2005-05-06, Revised 2006-09-21
New Economics Papers: this item is included in nep-pbe
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Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Subscription equilibria with public production: Existence and regularity (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:132

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