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This paper demonstrates that there is a discrepancy between the ideas expressed in Lindahl (1919) and the current-day definition of Lindahl equilibrium. It describes how the ideas expressed by Lindahl (1919) developed into the equilibrium concept for public good economies that now carries...
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Diermeier and Fong (2008a) recently proposed a legislative bargaining model with reconsideration in the context of a distributive policy environment. In this paper we prove general existence and necessary conditions for pure-strategy stationary equilibria for any finite policy space and...
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