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http://hdl.handle.net/11718/1721| Title: | On the existence and efficiency of a voting equilibrium for a public good economy |
| Authors: | Lahiri, Somdeb |
| Keywords: | Voting equilibrium |
| Issue Date: | 28-Mar-2010 |
| Series/Report no.: | WP;1994/1194 |
| Abstract: | The main purpose of this paper is to formalise the concept of a compromise function. Subsequently, given a compromise function, we define a voting equilibrium and prove the existence of such an equilibrium. Finally, we close our analysis by showing that under some assumptions a voting equilibrium is Pareto optimal. |
| URI: | http://hdl.handle.net/11718/1721 |
| Appears in Collections: | Working Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| WP 1994_1194.pdf | 636.6 kB | Adobe PDF | View/Open |
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