On the Existence of Anonymous and Balanced Mechanisms Implementing the Lindahl Allocations

In this note, we discuss the existence of anonymous and balanced mechanisms to implement the Lindahl allocations. We obtain an impossibility result for the class of mechanisms defining an homeomorphism between the message space and the allocation space.Lindahl equilibrium ; economic mechanism

Optimal decentralized management of a natural resource

We construct an economic mechanism to realize in Nash equilibrium an optimal consumption time path of a natural resource. For exposition convenience, the analysis is conducted within the model initiated by Levhari and Mirman (1980). This framework allows us to explicitly calculate the consumption time paths of the resource, associated with an open-access regime, with a cooperative management and with a (stationary Markovian) Nash equilibrium of the di¤erence game induced by the proposed mechanism.Natural resource; Fish war; Difference game; Mechanism design

A new mechanism to implement the Lindahl equilibriums (In French)

This paper presents a new economic mechanism, such that the associated game form implements Lindahl equilibria as Nash equilibria. Each player sends a 2-dimensional message, in order to tell his marginal propensity to pay and his demand for the public good. At a Nash equilibrium, the players directly and honestly reveal data defining a Lindahl equilibrium and the mechanism implements the corresponding allocation. In a quasi-linear economy, formalizing out-of-equilibrium behaviours of the players as a gradient process, the unique stationary point of this process is a Nash equilibrium of the game and it is shown to be globally stable.Public good; Lindalh equilibrium; Economic mechanism