Efficiency and Decentralization in the Pure Theory of Public Goods
在无线性结构的项目集合中,用单一私人物品设定,通过估值函数(支持价格)刻画帕累托最优和核心状态,并讨论自愿融资方案。
Some basic facts of public goods theory are presented in the primitive set-up of a collection of projects devoid of any linear structure. There is a single private good. Characterizations of Pareto optimal and core states in terms of valuation functions (i.e. supporting "prices") are obtained. Voluntary financing schemes are discussed.