Title of article :
Efficient egalitarian-equivalence and the core of an economy with public projects
Author/Authors :
Kyungdong Hahn، نويسنده , , Robert P. Gilles، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1998
Abstract :
We prove the existence of efficient egalitarian-equivalent allocations in an economy with a finite number of private goods and one abstract public project that can be executed by certain coalitions of economic agents. Efficient egalitarian-equivalent allocations, however, may not be in the core.
Keywords :
Efficient egalitarian-equivalence , core , Public project
Journal title :
Economics Letters
Journal title :
Economics Letters