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| HAL: halshs-00085726, version 1 |
| DOI: 10.1111/j.1467-9779.2006.00285.x |
| Detailed view |  Export this paper |
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| Journal of Public Economic Theory 8, 5 (2006) 713-740 |
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| Edgeworth and Lindahl-Foley equilibria of a general equilibrium model with private provision of pure public goods |
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| Monique Florenzano 1Elena L. Del Mercato 2 |
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| (2006-12) |
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| In this paper, we propose a definition of Edgeworth equilibrium for a private ownership production economy with (possibly infinitely) many private goods and a finite number of pure public goods. We show that Edgeworth equilibria exist whatever be the dimension of the private goods space, and can be decentralized, in the finite and infinite dimensional cases, as Lindahl-Foley equilibria. Existence theorems for Lindahl-Foley equilibria are a by-product of our results. |
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| 1: | Centre d'économie de la Sorbonne (CES) |
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CNRS : UMR8174 – Université Paris I - Panthéon-Sorbonne |
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| 2: | Dipartimento di Scienze Economiche e Statistiche (DIMAD) |
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Università degli studi di Salerno |
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| Subject | : | Humanities and Social Sciences/Economies and finances Mathematics/Functional Analysis |
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| production economy – public goods – Edgworth equilibrium – Lindahl-Foley equilibrium – proper economy |
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| Attached file list to this document: | |||||
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| halshs-00085726, version 1 | |
| http://halshs.archives-ouvertes.fr/halshs-00085726 | |
| oai:halshs.archives-ouvertes.fr:halshs-00085726 | |
| From: Monique Florenzano | |
| Submitted on: Thursday, 13 July 2006 15:36:23 | |
| Updated on: Tuesday, 17 February 2009 14:43:44 | |
