Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
957629 | Journal of Economic Theory | 2008 | 19 Pages |
Abstract
In the problem of locating multiple public facilities studied by Barberà and Beviá [Self-selection consistent functions, J. Econ. Theory 105 (2002) 263–277; Locating public facilities by majority: stability, consistency and group formation, Games Econ. Behav. 56 (2006) 185–200], we offer simple necessary and sufficient conditions for efficiency, decentralizability of efficient decisions in a game of community division and local public goods provision, and a constructive algorithm for efficient and consistent decisions.
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Economics and Econometrics
Authors
Biung-Ghi Ju,