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Multiple Public Goods and Lexicographic Preferences Replacement Principle

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  • EHLERS, Lars

Abstract

We study the problem of locating two public goods for a group of agents with single-peaked preferences over an interval. An alternative specifies a location for each public good. In Miyagawa (1998), each agent consumes only his most preferred public good without rivalry. We extend preferences lexicographically and characterize the class of single-peaked preference rules by Pareto-optimality and replacement-domination. This result is considerably different from the corresponding characterization by Miyagawa (2001a).

Suggested Citation

  • EHLERS, Lars, 2001. "Multiple Public Goods and Lexicographic Preferences Replacement Principle," Cahiers de recherche 2001-25, Universite de Montreal, Departement de sciences economiques.
    • Handle: RePEc:mtl:montde:2001-25
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    More about this item

    Keywords

    single-aked eferences; multie blic goods; lexicograic; reacement-domination;
    All these keywords.

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis

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