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Nouweland, Anne van den; Wooders, Myrna Holtz (2005)
Publisher: University of Warwick, Department of Economics
Languages: English
Types: Book
Subjects: HM, HB

Classified by OpenAIRE into

arxiv: Computer Science::Computers and Society
We define a concept of status equilibrium for local public good economies. A status equilibrium specifies one status index for each agent in an economy. These indices determine agents' cost shares in any possible jurisdiction. We provide an axiomatic characterization of status equilibrium using consistency properties.

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