The central purpose of this book is to analyse the optimal allocation of local public goods or services (for example … garbage collection, police, fire brigades and medical services) in large urban agglomerations and the allocation consequences … jurisdictions and the impact this probable increase in competition may have on the achievement of the optimal allocation of local …

institutions implement the Lindahl allocation in the economy as a sub-game perfect Nash equilibrium of the political game. iv) As a …

competitiveness and sufficiently separates individuals who choose different effort levels, the market allocation is Pareto superior to … a social planner’s allocation. We construct a specific market game that naturally generates robust equilibria with these …