文章基本信息

标题：The Menu-Induced Core of an Economy with an Excludable Public Good
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作者：Toshiyuki Hirai
期刊名称：Theoretical Economics Letters
印刷版ISSN：2162-2078
电子版ISSN：2162-2086
出版年度：2014
卷号：04
期号：04
页码：289-295
DOI：10.4236/tel.2014.44039
语种：English
出版社：Scientific Research Publishing
摘要：This paper introduces a core concept in an economy with an excludable public good. In the economy, we assume that each coalition is allowed to achieve an allocation via a menu, a kind of a nonlinear price. Our core concept is called the menu-induced core that is defined as the set of allocations achievable by menus that are robust against all coalitional improvements achieved via menus. We show that the menu-induced core is nonempty. We also investigate certain properties of the menu-induced core that show the difference between the menu-induced core and the core defined in a standard way.
关键词：Menu-Induced Core; Excludable Public Good