This analysis generalizes the concept of a private-goods contract curve to an economy with public goods. It provides a derivation of the properties of the set of Pareto-optimal points in n-space. The paper concentrates on situations where the taxation system for financing the public goods is externally imposed; the efficiency goal is thus "mechanism-constrained Pareto optimality." The results of the main analysis are applied to assess performance of several group decision procedures.
MLA
Weinstein, Milton C., and Richard J. Zeckhauser. “The Topology of Pareto-Optimal Regions with Public Goods.” Econometrica, vol. 42, .no 4, Econometric Society, 1974, pp. 643-666, https://www.jstor.org/stable/1913935
Chicago
Weinstein, Milton C., and Richard J. Zeckhauser. “The Topology of Pareto-Optimal Regions with Public Goods.” Econometrica, 42, .no 4, (Econometric Society: 1974), 643-666. https://www.jstor.org/stable/1913935
APA
Weinstein, M. C., & Zeckhauser, R. J. (1974). The Topology of Pareto-Optimal Regions with Public Goods. Econometrica, 42(4), 643-666. https://www.jstor.org/stable/1913935
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