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Securely Implementable Social Choice Functions in Divisible and Non-Excludable Public Good Economies with Quasi-Linear Utility Functions

Nishizaki, Katsuhiko - 2016

-linear utility functions. Although Saijo, Sjöström, and Yamato (2007) showed that the Groves mechanisms (Groves, T. (1973 …

Persistent link: https://www.econbiz.de/10013006248

Securely implementable social choice functions in divisible and nonexcludable public good economies with quasi‐linear utility functions

Nishizaki, Katsuhiko - In: Journal of public economic theory 20 (2018) 3, pp. 424-436

Persistent link: https://www.econbiz.de/10012112898

The assumption of equal marginal utility of income : how much does it matter?

Medin, Hege; Nyborg, Karine; Bateman, Ian - In: Ecological economics : the transdisciplinary journal of … 36 (2001) 3, pp. 397-411

Persistent link: https://www.econbiz.de/10001556263

Lindahl's Confusing Marginal Utility Theory

Choi, Hak - 2015

of the good. When a person has to take up the burden of cost sharing, his utility is negatively affected, so his marginal … utility is a positive function of the spending. This paper proves that they will fight to shun the burden …

Persistent link: https://www.econbiz.de/10013012951

Chapter 74. The Place of Nature in Economic Development

Dasgupta, Partha - In: Handbook of development economics : volume 5, (pp. 4977-5046). 2010

In this chapter both theory and empirics are used to show that our picture of the processes of economic development changes radically when nature is introduced as a capital asset. Particular features of institutions that fashion societies' use of the natural-resource base are identified and...

Persistent link: https://www.econbiz.de/10014025728