Author： Konishi H. Weber S. Le Breton M.
Publisher： Academic Press
ISSN： 1090-9443
Source： Research in Economics, Vol.51, Iss.1, 1997-01, pp. : 19-30
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Abstract
This paper examines a local public goods economy where individuals' tastes are subject to congestion effects. We prove that if the individuals' utility functions are quasi-linear and all individuals have a common congestion function, then there exists a free mobility equilibrium. We obtain this result by showing the existence of a pure strategy Nash equilibrium in the non-cooperative game associated with our economy. It is also shown that the assumption of a common congestion function is essential for our result and cannot be dispensed with.
Related content
Access to resources
Recommend
Provision of public goods in a large economy
By Gradstein M.
Economics Letters, Vol. 61, Iss. 2, 1998-11 ,pp. :
Whose Ethos for Public Goods in the Global Economy?
Business Ethics Quarterly, Vol. 10, Iss. 1, 2000-01 ,pp. :
Efficiency in the provision of local public goods in Norway
By Rongen G.
European Journal of Political Economy, Vol. 11, Iss. 2, 1995-06 ,pp. :