Lindahl equilibrium and Schweizer's open club model with semipublic goods

نویسندگان

  • Thijs ten Raa
  • Robert P. Gilles
چکیده

In this paper, we extend Schweizer’s open club model to clubs with goods that have a semipublic nature rather than a pure public nature. We study limit core allocations, which are those allocations that remain in the core of a replicated economy. An equivalent notion for open clubs with pure public goods was Schweizer’s concept of club efficiency under a variable number of economic agents. We show that given certain conditions, the equivalence of limit core allocations and Lindahl equilibria holds for a wide range of open club economies with semipublic club goods. We also show that extension to a more general class of open club economies seems implausible. D 2004 Elsevier B.V. All rights reserved.

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عنوان ژورنال:
  • Mathematical Social Sciences

دوره 49  شماره 

صفحات  -

تاریخ انتشار 2005