Efficient provision of a public project (almost) without knowing the cost-sharing rule

A group of agents must decide whether or not to undertake a project. A simple mechanism is presented which implements the social choice function when the cost-sharing rule fulfills only two properties: budget balance and payment bounds.

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Year of publication:	2010
Authors:	Mealem, Yosef
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 107.2010, 2, p. 194-197
Publisher:	Elsevier
Keywords:	Public good Efficient mechanism Cost-sharing rule Symmetry

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008551311