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.
|Place of Publication||Tilburg|
|Number of pages||15|
|Publication status||Published - 2003|
|Name||CentER Discussion Paper|
- general equilibrium
- public goods