Serial cost sharing of excludable public goods: general cost functions
Serial cost sharing of excludable public goods: general cost functions
复制标题
排他性公共物品的系列成本分摊:一般成本函数
DOI:
10.1007/s001990050217
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发表时间:
1998
期刊:
影响因子:
1.3
通讯作者:
J. Dearden
中科院分区:
文献类型:
--
作者:
J. Dearden
A group of individuals meet to share the cost and determine output allocations of a partial-excludable public good. We demonstrate that, for general cost functions and preferences that satisfy the Spence-Mirlees sorting condition, the serial cost-sharing formula (Moulin, 1994) has remarkable incentive properties. First, adirecteconomic mechanism that uses the serial formula is coalition strategy-proof, envy-free and satisfies the stand-alone property. Second, the serial mechanism involves partial exclusion, which is important for the reduction of the free-rider problem.