LINDAHL MECHANISMS AND FREE RIDERS

Authors
Citation
Mj. Bailey, LINDAHL MECHANISMS AND FREE RIDERS, Public choice, 80(1-2), 1994, pp. 35-39
Citations number
11
Categorie Soggetti
Economics,"Political Science
Journal title
ISSN journal
00485829
Volume
80
Issue
1-2
Year of publication
1994
Pages
35 - 39
Database
ISI
SICI code
0048-5829(1994)80:1-2<35:LMAFR>2.0.ZU;2-S
Abstract
Several authors have proposed mechanisms whose Nash-equilibria yield L indahl tax allocations; however, as is well known, so does the Lindahl procedure with an auctioneer. Moreover, the game forms of all these m echanisms, and of any as yet undiscovered such mechanism, all have the same normal form as does the Lindahl procedure without an auctioneer. The manipulative Nash equilibria are consequently the same for all th ese mechanisms, so that all have the traditional free-rider problem an d all have the same outcome under strategic behavior.