Greenberg, Joseph; Mackay, Robert; Tideman, Nicolaus - In: Public Choice 29 (1977) 2, pp. 129-137
The tax rule suggested by Groves and Ledyard is certainly an ingenious one, although there is no indication as to how one might fall upon that specific scheme. If offers Pareto optimal allocations, and in particular, budget balance,if each individual behaves competitively and faces the...