We define a concept of status equilibrium for local public good economies. A status equilibrium specifies one status index for each agent in an economy. These indices determine agents' cost shares in any possible jurisdiction. We provide an axiomatic characterization of status equilibrium using consistency properties

Nouweland, Anne van den

Wooders, Myrna Holtz

English

10 p.We define a concept of status equilibrium for local public good economies. A status equilibrium specifies one status index for each agent in an economy. These indices determine agents’ cost shares in any possible jurisdiction. We provide an axiomatic charaterization of status equilibrium using consistency properties

University of Oregon Scholars' Bank

Status Equilibrium in Local Public Good Economies

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Status equilibrium in local public good economies

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Status equilibrium in local public good economies

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University of Oregon Scholars' Bank

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