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Efficiency and consistency for locating multiple public facilities
- Authors
- Ju, Biung-Ghi
- Issue Date
- 1월-2008
- Publisher
- ACADEMIC PRESS INC ELSEVIER SCIENCE
- Keywords
- efficiency; consistency; self-selection consistency; no-envy; local stability; diversity; strong Nash equilibrium; community division; location
- Citation
- JOURNAL OF ECONOMIC THEORY, v.138, no.1, pp.165 - 183
- Indexed
- SCIE
SCOPUS
- Journal Title
- JOURNAL OF ECONOMIC THEORY
- Volume
- 138
- Number
- 1
- Start Page
- 165
- End Page
- 183
- ISSN
- 0022-0531
- Abstract
- In the problem of locating multiple public facilities studied by Barbera and Bevia [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. (C) 2007 Elsevier Inc. All rights reserved.
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