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Existence, Uniqueness and Some Comparative Statics for Ratio and Lindahl Equilibria

Buchholz, Wolfgang, Cornes, Richard and Peters, Wolfgang (2008) Existence, Uniqueness and Some Comparative Statics for Ratio and Lindahl Equilibria. Journal of Economics 95 (2), pp. 167-177.

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Abstract

We present a rigorous, yet elementary, demonstration of the existence of a unique Lindahl equilibrium under the assumptions that characterize the standard n-player public good model. Indeed, our approach, which exploits the aggregative structure of the public good model, lends itself to a transparent geometric representation. Moreover, it can handle the more general concept of the cost share or ...

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Item type:Article
Date:November 2008
Institutions:Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Finanzwissenschaft, insbesondere Umweltökonomie (Prof. Dr. Wolfgang Buchholz)
Identification Number:
ValueType
10.1007/s00712-008-0024-0DOI
Dewey Decimal Classification:300 Social sciences > 330 Economics
Status:Published
Refereed:Yes, this version has been refereed
Created at the University of Regensburg:Partially
Item ID:9610
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