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Katsuhiko Nishizaki |
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''No-envy and dominant strategy implementability in non-excludable public good economies with quasi-linear preferences'' |
( 2013, Vol. 33 No.1 ) |
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This paper studies the relationship between no-envy (Foley, D. (1967) "Resource allocation and the public sector," Yale Economics Essays 7, pp.45-98) and dominant strategy implementability in non-excludable public good economies with quasi-linear preferences. The main result shows that the combination of non-bossiness (Satterthwaite, M. A. and H. Sonnenschein (1981) "Strategy-proof allocation mechanisms at differentiable points," Review of Economic Studies 48, pp.587-597) and equal treatment of equals is equivalent to no-envy under strategy-proof social choice functions in the economies which are incompatible with strict monotonic closedness (Fleurbaey, M. and F. Maniquet (1997) "Implementability and horizontal equity imply no-envy," Econometrica 65, pp.1215-1219). |
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Keywords: No-envy, Dominant strategy implementation, Strategy-proofness, Non-excludable public good, Quasi-linear preference |
JEL: H4 - Publicly Provided Goods: General
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Manuscript Received : Nov 27 2012 | | Manuscript Accepted : Mar 04 2013 |
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