Efficient Exchange with a Variable Number of Consumers
提出俱乐部有效配置的概念,并给出其对偶刻画,统一了福利经济学基本定理、核极限定理和亨利·乔治定理等经典结果。
The notion of a club efficient allocation, introduced in this paper, is shown to allow for a unifying treatment of rather disparate matters. The main result deals with the dual characterization of such allocations. The fundamental theorems of welfare economics, the limit theorem on the core, and a general version of a Henry George Theorem on the relationship between aggregate land rent and local public expenditures, all can be recovered as special cases of this paper's main result.