Strategy-proofness and Equal-cost Sharing for a Binary Excludable Public Good with Fixed Cost
Strategy-proofness and Equal-cost Sharing for a Binary Excludable Public Good with Fixed Cost
复制标题
固定成本二元排他性公共物品的策略验证与等成本共享
DOI:
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发表时间:
2011
期刊:
影响因子:
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通讯作者:
Arunava Sen
中科院分区:
文献类型:
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作者:
Jordi Massó;Antonio Nicoló;Arunava Sen
For the provision of a binary public good we characterize the set of all strategyproof social choice functions and show that, if the binary public good is excludable and has a
xed cost, the equal-cost sharing rule minimizes the maximal welfare loss among the class of all strategy-proof and individually rational rules. We want to thank Maria Angeles de Frutos, Rajat Deb and Herve Moulin for their comments. We are especially thankful to Shinji Ohseto for his comments and a very helpful suggestion that helped us to write a better paper. Support for the research of J. Masso was received through the prize ICREA Academia for excellence in research, funded by the Generalitat de Catalunya. He also acknowledges the support of MOVE, where he is an a¢ liated researcher, and of the Barcelona Graduate School of Economics (through its Research Recognition Programme), where he is an a¢ liated professor. His work is also supported by the Spanish Ministry of Science and Innovation, through grants ECO2008-04756 (Grupo Consolidado-C) and CONSOLIDER-INGENIO 2010 (CDS2006-00016), and by the Generalitat de Catalunya, through grant SGR2009-419. The work of A. Nicolo is partially supported by the Italian Ministry of University and Research, through grant 2005137858. yDepartament dEconomia i dHistoria Economica and CODE. Universitat Autonoma de Barcelona. 08193 Bellaterra (Barcelona), Spain. Email: jordi.masso@uab.es zDipartimento di Scienze Economiche. Universita degli Studi di Padova. Via del Santo 33. 35123, Padova, Italy. Email: antonio.nicolo@unipd.it xIndian Statistical Institute. 7, S.J.S. Sansanwal Marg, New Delhi 110016, India. Email: asen@isid.ac.in Keywords: Excludable Public Good; Equal-cost Sharing; Strategy-proofness; Individual Rationality. JEL Classi
cation: D71.