965 research outputs found
Uniqueness of the solution to the Vlasov-Poisson system with bounded density
In this note, we show uniqueness of weak solutions to the Vlasov-Poisson
system on the only condition that the macroscopic density defined by
\rho(t,x) = \int_{\Rd} f(t,x,\xi)d\xi is bounded in \Linf. Our proof is
based on optimal transportation
Contractual Federalism and Strategy-proof Coordination
This paper takes a mechanism design approach to federalism and assumes that local preferences are the private information of local jurisdictions. Contractual federalism is defined as a strategy-proof contract among the members of the federation supervised by a benevolent but not omniscient federal authority. We show that even if the size of the information to be elicited is minimal, the incentive compatibility constraint has a bite in terms of flexibility and welfare. Strategy-proof and efficient federal mechanisms are necessarily uniform. There exists inefficient and non-uniform strategy-proof mechanisms, but they are socially worse than non cooperative decentralization. Federal mechanisms which are neutral and robust to coalition manipulations are equivalent to voting rules on uniform policies.Federalism, Asymmetric Information, Strategy-proofness, Externality, Coordination, Uniformity. JEL Classification Numbers: D71, D72, D82, H77
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