抄録
An economic model of the allocation process with public goods is presented. We define a concept of equilibrium and prove the existence. Next we present a voting game in which a level of the public goods to be produced is decided. We prove that the core of the voting game and the equilibria exist simultaneously, and that they coincide.
本文言語 | English |
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ページ(範囲) | 123-136 |
ページ数 | 14 |
ジャーナル | Journal of Economic Theory |
巻 | 16 |
号 | 2 |
DOI | |
出版ステータス | Published - 1977 |
外部発表 | はい |
ASJC Scopus subject areas
- 経済学、計量経済学