The Samuelson condition and the Lindahl scheme in networks

• 成果类型: Article
• 署名作者: Sun, Guang-Zhen
• 署名单位: University of Macau
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2017.10.005
• 发表日期: 2017
• 页码: 73-80
• 关键词: Local public goods; network; The Samuelson condition; The Lindahl equilibrium; Adjacency matrix

摘要

We study optimal provision of public goods in the network, showing that the Satnuelson condition and the Lindahl scheme can both be substantially extended to characterize the expenditure on such public goods. Couched in terms of the structure of the network, the extended Samuelson condition and Lindahl scheme formulate precisely how the local publicness of a local public good fundamentally determines its optimal provision and the personalized price that the Lindahl tax-payer faces. Independence of the optimal allocation from the distribution of resources at interior Samuelsonian solutions in the network generally fails to hold even for the Bergstrom-Comes preferences.