Blackorby, Charles (contributor); Murty, Sushama (contributor) - 2007
quantities are the same under
the two regimes. However, the consumption by each individual of the monopoly good is
different in … hence different consumption decisions.
This lack of coordination between the production and consumption decisions (on …
producing g units of a public good is Yg(g) = {yg ∈ RN+| F(yg) ≥ g}. For all h ∈
H, the net consumption set is Xh ⊆ RN+1. The …