Population Monotonicity in Public Good Economies with Single Dipped Preferences

Population Monotonicity in Public Good Economies with Single Dipped Preferences

We study public good economies with variable population. We consider the problem of locating a single public good along a segment when agents have single dipped preferences. We analyze population monotonicity along with the standard properties Pareto efficiency, continuity and no-veto power. We show...

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Veröffentlicht in:International journal of economics and finance 2016-03, Vol.8 (4), p.80
1. Verfasser: Gursel Tapki, Ipek
Format: Artikel
Sprache:eng
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Zusammenfassung:We study public good economies with variable population. We consider the problem of locating a single public good along a segment when agents have single dipped preferences. We analyze population monotonicity along with the standard properties Pareto efficiency, continuity and no-veto power. We show that there is no rule satisfying these properties together.
ISSN:1916-971X
1916-9728
DOI:10.5539/ijef.v8n4p80