Strategy-proof mechanisms in public good economies

被引:5
|
作者
Ohseto, S
机构
[1] Department of Economics, Ritsumeikan University, Kyoto 603, 56-1 Tojiin-Kitamachi, Kita
关键词
mechanisms; cost share rules; strategy-proofness; voluntary participation;
D O I
10.1016/S0165-4896(96)00823-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
In economies with one private good and one public good, the minimal provision mechanism is shown to be the unique mechanism that satisfies strategy-proofness, voluntary participation and the full-range property when a given cost share rule has the convex property. Even if the cost share rule shares positive fixed costs of producing public goods, so includes a non-convex portion, the proper restriction of the range of mechanisms guarantees that the minimal provision mechanism satisfies strategy-proofness and voluntary participation. In contrast, if the restriction is not sufficient, then the implied non-convexity of the cost share rule leads to an impossibility result. Furthermore, we show that no satisfactory mechanism exists in the case with several public goods.
引用
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页码:157 / 183
页数:27
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