Lindahl Equilibrium and Schweizer's Open Club Model with Semi-Public Goods

CentER Discussion Paper No. 2003-56

15 Pages Posted: 11 Jun 2004

See all articles by Thijs ten Raa

Thijs ten Raa

Tilburg University - Center for Economic Research (CentER)

Robert P. Gilles

Queen's University Management School

Date Written: 2003

Abstract

Limit core allocations are the ones that remain in the core of a replicated economy. An equivalent notion for economies with public goods is Schweizer's concept of club efficiency under a variable number of economic agents. We extend this notion to economies with goods that have a semi-public nature. We show that given certain conditions, the equivalence of club efficient allocations and Lindahl equilibria holds for a wide range of economies with semi-public club goods. We also show that extension to a more general class of economies seems implausible.

Keywords: Clubs, club efficiency, Lindahl equilibrium, limit cores

JEL Classification: H41, R51, D71

Suggested Citation

ten Raa, Thijs and Gilles, Robert P., Lindahl Equilibrium and Schweizer's Open Club Model with Semi-Public Goods (2003). CentER Discussion Paper No. 2003-56. Available at SSRN: https://ssrn.com/abstract=556071 or http://dx.doi.org/10.2139/ssrn.556071

Thijs Ten Raa (Contact Author)

Tilburg University - Center for Economic Research (CentER) ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

HOME PAGE: http://center.uvt.nl/staff/raa/

Robert P. Gilles

Queen's University Management School ( email )

25 University Sq
Belfast, Northern Ireland BT7 1NN
United Kingdom

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