Efficiency and Consistency for Locating Multiple Public Facilities

In the problem of locating multiple public facilities studied by Barbera and Bevia [2, 3], we offer simple necessary and sufficient conditions for efficiency, decentralizability of efficient decisions in a game of community division and local public goods provision, and a constructive algorithm for efficient and consistent decisions.

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Year of publication:	2007
Authors:	Ju, Biung-Ghi
Institutions:	Institute of Economic Research, Korea University
Subject:	Efficiency \| Consistency \| Self-selection consistency \| No-envy \| Local stability \| Diversity \| Strong Nash equilibrium \| Community division \| Location

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Extent:	application/pdf
Series:	Discussion Paper Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 0716 23 pages
Classification:	H40 - Publicly Provided Goods. General ; D60 - Welfare Economics. General ; D70 - Analysis of Collective Decision-Making. General ; D71 - Social Choice; Clubs; Committees; Associations
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005616524