Public-Good Provision in a Large Economy

Bierbrauer, Felix; Hellwig, Martin

Local TagsRelease HistoryDetailsSummary

Public-Good Provision in a Large Economy

Bierbrauer, F., & Hellwig, M. (2010). Public-Good Provision in a Large Economy.

Item is Released

show all hide all

Basic

show hide

Item Permalink: http://hdl.handle.net/11858/00-001M-0000-0028-6CD3-1 Version Permalink: http://hdl.handle.net/11858/00-001M-0000-0028-6CD4-0

Genre: Paper

Files

show Files

Locators

show

hide

Locator:
http://www.coll.mpg.de/pdf_dat/2010_02online.pdf (Preprint)

Description:
-

Creators

show

hide

Creators:
Bierbrauer, Felix¹, Author
Hellwig, Martin¹, Author

Affiliations:
1Max Planck Institute for Research on Collective Goods, Max Planck Society, ou_2173688

Content

show

hide

Free keywords: -

Abstract: We propose a new approach to the normative analysis of public-good provision in a large economy. Our analysis is based on a mechanism design approach that involves a requirement of coalition-proofness, as well as a requirement of robustness, so that the mechanism must not depend on specific assumptions about individual beliefs. Our main result shows that such a mechanism can condition only on the population shares of people with valuations above and below the per capita provision costs. This suggests an intriguing link between mechanism design for large economies and voting.

Details

show

hide

Language(s):

Dates: Published in Print: 2010

Publication Status: Published in print

Pages: -

Publishing info: Bonn : Max Planck Institute for Research on Collective Goods

Table of Contents: -

Rev. Type: -

Identifiers: Other: 2010/02

Degree: -

Event

show

Legal Case

show

Project information

show

Source

show