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The Existence of Efficient and Incentive Compatible Equilibria with Public Goods

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  • Groves, Theodore
  • Ledyard, John O.

Abstract

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Suggested Citation

  • Groves, Theodore & Ledyard, John O., 1978. "The Existence of Efficient and Incentive Compatible Equilibria with Public Goods," Working Papers 203, California Institute of Technology, Division of the Humanities and Social Sciences.
  • Handle: RePEc:clt:sswopa:203
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    Cited by:

    1. Lata Gangadharan & Veronika Nemes, 2005. "Impact of Risk and Uncertainty in the Provision of Local and Global Environmental Goods : An Experimental Analysis," Department of Economics - Working Papers Series 956, The University of Melbourne.
    2. Sébastien ROUILLON, 2009. "A new mechanism to implement the Lindahl equilibriums (In French)," Cahiers du GREThA (2007-2019) 2009-09, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    3. Bezalel Peleg, 1996. "Double implementation of the Lindahl equilibrium by a continuous mechanism," Review of Economic Design, Springer;Society for Economic Design, vol. 2(1), pages 311-324, December.
    4. Monique Florenzano, 2009. "Walras-Lindahl-Wicksell: What equilibrium concept for public goods provision ? I - The convex case," Post-Print halshs-00367867, HAL.
    5. Healy, Paul J. & Jain, Ritesh, 2017. "Generalized Groves–Ledyard mechanisms," Games and Economic Behavior, Elsevier, vol. 101(C), pages 204-217.
    6. Monique Florenzano, 2009. "From equilibrium models to mechanism design: On the place and the role of government in the public goods provision analysis in the second part of the twentieth century," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00367859, HAL.
    7. Aldrich, J., 1998. "The Jenovian revolution in international trade theory," Discussion Paper Series In Economics And Econometrics 9812, Economics Division, School of Social Sciences, University of Southampton.
    8. Evan, P. & McCormick, B., 1996. "The growing importance of white collar jobs and the progress of ethnic minorities," Discussion Paper Series In Economics And Econometrics 9612, Economics Division, School of Social Sciences, University of Southampton.
    9. Nigar Hashimzade & Gareth D. Myles, 2009. "Announcement or Contribution? The Relative Efficiency of Manipulated Lindahl Mechanisms," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(4), pages 565-598, August.
    10. Van Essen, Matthew J., 2008. "A Simple Supermodular Mechanism that Implements Lindahl Allocations," MPRA Paper 12781, University Library of Munich, Germany.
    11. Monique Florenzano, 2010. "Government and the provision of public goods:from equilibrium models to mechanismdesign," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 17(4), pages 1047-1077.
    12. Chang, P., 1992. "Time-varying risk premium in the foreign exchange market: assessing specification tests and measuring model-noise error," Discussion Paper Series In Economics And Econometrics 9212, Economics Division, School of Social Sciences, University of Southampton.
    13. Claude d'Aspremont & Jacques Crémer & Louis-André Gérard-Varet, 2003. "Correlation, independence, and Bayesian incentives," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 21(2), pages 281-310, October.
    14. Wahba, J., 1994. "The transmission of Dutch disease and labour migration," Discussion Paper Series In Economics And Econometrics 9412, Economics Division, School of Social Sciences, University of Southampton.
    15. Lee, I.H. & Valentinyi, A., 1997. "Interactive contagion," Discussion Paper Series In Economics And Econometrics 9712, Economics Division, School of Social Sciences, University of Southampton.
    16. Radhakrishnan, Suresh & Balachandran, Kashi R., 2004. "Service capacity decision and incentive compatible cost allocation for reporting usage forecasts," European Journal of Operational Research, Elsevier, vol. 157(1), pages 180-195, August.
    17. Eric Nævdal & Richard Brazee, 2000. "A Guide to Extracting Information from Environmental Pressure Groups," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(1), pages 105-119, May.
    18. Lata Gangadharan & Veronika Nemes, 2009. "Experimental Analysis Of Risk And Uncertainty In Provisioning Private And Public Goods," Economic Inquiry, Western Economic Association International, vol. 47(1), pages 146-164, January.
    19. Daniel McFadden, 2009. "The human side of mechanism design: a tribute to Leo Hurwicz and Jean-Jacque Laffont," Review of Economic Design, Springer;Society for Economic Design, vol. 13(1), pages 77-100, April.
    20. Qizilbash, M., 1995. "Ethical development," Discussion Paper Series In Economics And Econometrics 9512, Economics Division, School of Social Sciences, University of Southampton.
    21. Peter S. Burton, 2008. "Bargaining by Limiting Cooperation: Withholding Consent for the Level of a Public Good," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 10(4), pages 623-642, August.
    22. Luca Anderlini & Paolo Siconolfi, 2004. "Efficient provision of public goods with endogenous redistribution," Review of Economic Design, Springer;Society for Economic Design, vol. 8(4), pages 413-447, April.
    23. McFadden, Daniel, 2012. "Economic juries and public project provision," Journal of Econometrics, Elsevier, vol. 166(1), pages 116-126.
    24. Monique Florenzano, 2009. "Walras-Lindahl-Wicksell: What equilibrium concept for public goods provision," Working Papers halshs-00531434, HAL.
    25. , J. & ,, 2012. "Designing stable mechanisms for economic environments," Theoretical Economics, Econometric Society, vol. 7(3), September.

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