BERGLAS, Eitan; PINES, David - In: Annales d'Economie et de Statistique (1997) 45, pp. 183-197
The paper addresses three issues related to Tiebout-type equilibrium: (a) Is the property tax a second-best instrument? (b) Given the feasible instrument menu, is a Tiebout-type allocation with profit-maximizing suppliers of the LPG constrained efficient? (c) Given the ranking of instruments,...