Status Equilibrium for Local Public Good Economies

dc.contributor.author	van den Nouwel, Anne
dc.contributor.author	Wooders, Myrna H.
dc.date.accessioned	2020-09-13T21:32:29Z
dc.date.available	2020-09-13T21:32:29Z
dc.date.issued	2005
dc.identifier.uri	http://hdl.handle.net/1803/15784
dc.description.abstract	We introduce 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 to which the agent might belong. We provide an axiomatic charaterization of status equilibrium using consistency properties.
dc.language.iso	en_US
dc.publisher	Vanderbilt University	en
dc.subject	Local public goods
dc.subject	status equilibrium
dc.subject	axiomatic characterization
dc.subject	JEL Classification Number: H41
dc.subject	JEL Classification Number: D71
dc.subject	JEL Classification Number: D51
dc.subject.other
dc.title	Status Equilibrium for Local Public Good Economies
dc.type	Working Paper	en
dc.description.department	Economics