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Non-linear Prices and the Optimal Allocation of Public Goods

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Type: Conference Paper
Author: Binger, Brian R.; Hoffman, Elizabeth
Conference: Public Choice Society Meetings
Location: Savannah, GA
Conf. Date: March 24-26
Date: 1983
URI: https://hdl.handle.net/10535/5746
Sector: Theory
Subject(s): free riding
public goods and bads--models
Abstract: "In the last decade there has been considerable interest in decentralized procedures for both choosing the scale of and financing public goods projects. The literature has focused on two different types of decentralized allocation schemes: demand-revealing mechanisms and dynamic tatonnement planning procedures. In addition, despite the free rider problem, voluntary subscription has received some renewed attention. Kalai (1980) has proposed a voluntary contractual procedure which induces cooperative behavior."

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