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This paper examines the segregative properties of endogenous processes of jurisdiction formation à la Tiebout in the presence of a central government who redistributes income across jurisdictions by maximizing a welfarist objective. Choices of location by households of local public good...
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This paper examines the segregative properties of Tiebout-type process of jurisdiction formation by freely mobile households in the presence of a central government which makes equalization transfers across jurisdictions so as to maximize a generalized utilitarian or a max–min objective. It is...
Persistent link: https://www.econbiz.de/10010680681
This paper examines the segregative properties of endogenous processes of jurisdiction formation in the presence of a competitive land market. In the considered model, a continuum of households with different income levels and the same preference for local public goods, private spending and...
Persistent link: https://www.econbiz.de/10011056197
This paper discusses the problem of optimal design of a jurisdiction structure from the view point of a welfarist social planner when households with identical utility functions for non-rival public good and private consumption have private information about their contributive capacities. It...
Persistent link: https://www.econbiz.de/10010933805
We show that it is possible to reconcile the utilitarian and welfarist principles under the requirement of unanimity provided that the set of profiles over which the consensus is attained is rich enough. More precisely, we identify a closedness condition which, if satisfied by a class of...
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