Sorting equilibrium in a multi-jurisdiction model
成果类型:
Article
署名作者:
Gomberg, A
署名单位:
Instituto Tecnologico Autonomo de Mexico; Instituto Tecnologico Autonomo de Mexico
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1016/S0022-0531(03)00256-4
发表日期:
2004
页码:
138-154
关键词:
jurisdictions
sorting equilibrium
EXISTENCE
摘要:
This paper analyzes a general model of an economy with heterogeneous individuals choosing among two jurisdictions, such as towns or political parties. Each jurisdiction is described by its constitution, where a constitution is defined as a mapping from all possible population partitions into the (possibly multidimensional) policy space. This study is the first to establish sufficient conditions for existence of sorting equilibria in a two-jurisdiction model for a policy space of an arbitrary dimension. (C) 2003 Elsevier Inc. All rights reserved.
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