Strictly Fair Allocations in Economics with a Public Good
Research & Publications
Strictly Fair Allocations in Economics with a Public Good
01/04/1993
Strictly Fair Allocations in Economics with a Public Good
Lahiri Somdeb
Working Papers
In this paper we define the concept of strictly fair allocations in economies with public good and show that an equal income Lindahl Equilibrium allocation is strictly fair conversely if an allocation is strictly fair in every replication of the basic economy it must be an equal income Lindahl equilibrium allocation.