In this article, we establish the existence of Lindahl equilibria in an economy with public goods which may exhibit increasing returns to scale or more general types of nonconvexities in the production sector. This result generalizes several previous results in the literature. We give a simple proof by using an auxiliary economy with an enlarged space of goods.
Publié le : 1991-07-05
Classification:
Public goods,
increasing returns,
equilibrium,
existence,
JEL classification 021, 022,
[MATH.MATH-OC]Mathematics [math]/Optimization and Control [math.OC]
@article{hal-00623272,
author = {Bonnisseau, Jean-Marc},
title = {Existence of Lindahl Equilibrium in Economies with Non-convex productions sets},
journal = {HAL},
volume = {1991},
number = {0},
year = {1991},
language = {en},
url = {http://dml.mathdoc.fr/item/hal-00623272}
}
Bonnisseau, Jean-Marc. Existence of Lindahl Equilibrium in Economies with Non-convex productions sets. HAL, Tome 1991 (1991) no. 0, . http://gdmltest.u-ga.fr/item/hal-00623272/