Generic Existence of Rational Expectations Lindahl Equilibria
针对包含私人和公共品及线性生产的经济,提出了理性预期林达尔均衡的多个版本,并证明仅用私人品价格作为信号时,完全揭示的理性预期林达尔均衡是通用存在的,且各版本均衡概念通用一致。
This paper develops several versions of a concept of rational expectations Lindahl equilibrium for economies with private and public goods and linear production, and proves the generic existence of fully revealing rational expectations Lindahl equilibria using only the prices of the private goods as signals. This feature leads to the generic coincidence of all the versions of the equilibrium concept. Copyright 1992 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.