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| Tekijä: | Serizawa, S. |
| Otsikko: | Strategy-proof and individually rational social choice functions for public good economies |
| Lehti: | Economic Theory
1996 : APR, VOL. 7:3, p. 501-512 |
| Asiasana: | ECONOMICS THEORIES PUBLIC GOOD |
| Kieli: | eng |
| Tiivistelmä: | The author considers the problem of choosing an allocation in an economy in which there are one private good and one public good. The author's purpose is to identify the class of procedures of choosing an allocation which satisfy "strategy-proofness", "individual rationality", "no exploitation", and "non-bossiness". Any such procedure is a scheme of "semi-convex cost sharing" determined by the "minimum demand principle". When agents as a society have to select from the feasible set, the procedure must take into account agents' preferences. |
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