@techreport{00e041db925741d1a5fc764252bf1ce8,
title = "Equilibrium and the Core in Alonso's Discrete Population Model of Land Use",
abstract = "Conventional wisdom tells us that with no market failure and local non-satiation of preferences, the core is at least as large as the collection of competitive equilibrium allocations.We con.rm this for a standard model featuring land.Next we consider the public land ownership version of the model. If the role of land ownership and rent distribution is assumed by a government that ploughs back rent (at least in excess of its agricultural value) to its citizens, the equilibrium remains efficient, but no longer need be in the core.",
keywords = "Publicly Provided Private Goods, Equilibrium, Core",
author = "M. Berliant and \{Ten Raa\}, T.",
note = "Subsequently published in International Economic Review in 2007 Pagination: 12",
year = "2004",
language = "English",
volume = "2004-118",
series = "CentER Discussion Paper",
publisher = "Microeconomics",
type = "WorkingPaper",
institution = "Microeconomics",
}