Lindahl Equilibrium and Schweitzer's Open Club Model Semi-Public Goods

T. Ten Raa, R.P. Gilles

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Abstract

Limit core allocations are the ones that remain in the core of a replicated economy.An equivalent notion for economies with public goods is Schweizer s concept of club e ciency under a variable number of economic agents.We extend this notion to economies with goods that have a semi-public nature.We show that given certain conditions the equivalence of club e cient allocations and Lindahl equilibria holds for a wide range of economies with semi-public club goods.We also show that extension to a more general class of economies seems implausible.
Original languageEnglish
Place of PublicationTilburg
PublisherMicroeconomics
Number of pages15
Volume2003-56
Publication statusPublished - 2003

Publication series

NameCentER Discussion Paper
Volume2003-56

Keywords

  • general equilibrium
  • public goods
  • efficiency
  • allocation

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