Private Provision of Public Goods and the Failure of the Neutrality Property in Large Finite Economies
反驳了对纯公共物品范式的批评,指出在足够大的经济体中,中性性质所需的假设仅在参数空间的极小部分成立,因此该批评不成立。
The pure public goods paradigm has been criticized because it implies the implausible result that, under certain assumptions, any (small) arbitrary income redistribution will have no effect on the allocation of resources. It is shown that this particular criticism is unwarranted because, for large enough economies, the assumptions necessary for this neutrality property will hold true for a negligible small subset of the parameter space. Copyright 1991 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.