When is efficiency separable from distribution in the provision of club goods? (vol 90, pg 204, 2000)

• 成果类型: Correction
• 署名作者: Fraser, CD
• 署名单位: University of Leicester
• 刊物名称: JOURNAL OF ECONOMIC THEORY
• ISSN/ISSBN: 0022-0531
• DOI: 10.1016/j.jet.2004.07.001
• 发表日期: 2005
• 页码: 194-197
• 关键词: club; SEPARATION; EFFICIENCY; distribution

摘要

This note corrects a slip in Fraser's (J. Econ. Theory 90 (2000) 204-221) treatment of the necessary condition for partial separation of efficiency from distribution in providing a club good. His corrected Theorem 1 shows that many families of utility function can generate partial (and total) separation, thereby considerably extending the scope of his analysis. (c) 2004 Elsevier Inc. All rights reserved.