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Equal factor equivalence in economies with multiple public goods

โœ Scribed by Yves Sprumont


Publisher
Springer
Year
1998
Tongue
English
Weight
256 KB
Volume
15
Category
Article
ISSN
0176-1714

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Consider an abstract political economy which has a collective choice rule together with strategic interactions among players. We prove that there exists an equilibrium in such an economy by synthesizing an equilibrium existence theorem in generalized games by Sharer and Sonnenschein (1975) and a vot