Efficiency and Consistency for Locating Multiple Public Facilities

In the problem of locating multiple public facilities studied by Barbera and Bevia (2002), we offer simple necessary and sufficient conditions for effciency, 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:	2005-02
Authors:	Ju, Biung-Ghi
Institutions:	Department of Economics, University of Kansas
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:	WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 200507 22 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005115539