KAHANA, NAVA; MEALEM, YOSEF; NITZAN, SHMUEL - In: Journal of Public Economic Theory 11 (2009) 6, pp. 947-960
This paper focuses on indivisible "multiple-cost-single-benefit " projects that must be approved by the government. A simple mechanism is proposed that ensures an efficient and fair implementation of such projects. The proposed mechanism is appropriate for a unilateral information structure: the...