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Infinite-Horizon Choice Functions
(Université de Montréal. Département de sciences économiques., 2006)
We analyze infinite-horizon choice functions within the setting of a simple linear technology. Time consistency and efficiency are characterized by stationary consumption and inheritance functions, as well as a transversality ...
Sharing the Cost of a Public Good: an Incentive-Constrained Axiomatic Approach
(Université de Montréal. Département de sciences économiques., 2006-07)
We study the problem of provision and cost-sharing of a public good in large economies where exclusion, complete or partial, is possible. We search for incentive-constrained efficient allocation rules that display fairness ...
Sharing the Cost of a Public Good without Subsidies
(Université de Montréal. Département de sciences économiques., 2006-07)
We study the construction of a social ordering function for the case of a public good financed by contributions from the population, and we extend the analysis of Maniquet and Sprumont (2004) to the case when contributions ...
Relative Egalitarianism and Related Criteria
(Université de Montréal. Département de sciences économiques., 2009-02)
We reconsider the problem of aggregating individual preference orderings into a single social ordering when alternatives are lotteries and individual preferences are of the von Neumann-Morgenstern type. Relative egalitarianism ...