Residential College | false |
Status | 已發表Published |
The Samuelson condition and the Lindahl scheme in networks | |
Sun,Guang Zhen | |
2019-06-19 | |
Source Publication | Journal of Public Economics |
ABS Journal Level | 3 |
ISSN | 00472727 |
Volume | 156Pages:73-80 |
Abstract | We study optimal provision of public goods in the network, showing that the Samuelson condition and the Lindahl scheme can both be substantially extended to characterize the expenditure on such public goods. Couched in terms of the structure of the network, the extended Samuelson condition and Lindahl scheme formulate precisely how the local publicness of a local public good fundamentally determines its optimal provision and the personalized price that the Lindahl tax-payer faces. Independence of the optimal allocation from the distribution of resources at interior Samuelsonian solutions in the network generally fails to hold even for the Bergstrom-Cornes preferences. |
Keyword | Adjacency Matrix Local Public Goods Network The Lindahl Equilibrium The Samuelson Condition |
DOI | 10.1016/j.jpubeco.2017.10.005 |
URL | View the original |
Indexed By | SSCI |
Language | 英語English |
WOS Research Area | Business & Economics |
WOS Subject | Economics |
WOS ID | WOS:000419419400006 |
Scopus ID | 2-s2.0-85033584552 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | DEPARTMENT OF ECONOMICS |
Affiliation | Department of EconomicsFaculty of Social SciencesUniversity of Macau,Macau Special Region of Administration,Macao |
First Author Affilication | Faculty of Social Sciences |
Recommended Citation GB/T 7714 | Sun,Guang Zhen. The Samuelson condition and the Lindahl scheme in networks[J]. Journal of Public Economics, 2019, 156, 73-80. |
APA | Sun,Guang Zhen.(2019). The Samuelson condition and the Lindahl scheme in networks. Journal of Public Economics, 156, 73-80. |
MLA | Sun,Guang Zhen."The Samuelson condition and the Lindahl scheme in networks".Journal of Public Economics 156(2019):73-80. |
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