Economies with Public Goods: An Elementary Geometric Exposition.
This paper explains how to represent economies with one private good, one public good, and two agents when the public good is produced from the private good by operating a linear technology, by means of the so-called "Kolm triangle." It also shows the usefulness of this representation in analyzing this class of economies. Copyright 1999 by Blackwell Publishing Inc.
Year of publication: |
1999
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Authors: | Thomson, William |
Published in: |
Journal of Public Economic Theory. - Association for Public Economic Theory - APET, ISSN 1097-3923. - Vol. 1.1999, 1, p. 139-76
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Publisher: |
Association for Public Economic Theory - APET |
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