Skip to main content
eScholarship
Open Access Publications from the University of California

Independence of Allocative Efficiency from Distribution in the Theory of Public Goods

  • Author(s): Bergstrom, Ted
  • Cornes, Richard
  • et al.
Abstract

When is the Pareto optimal amount of public goods independent of income distribution? Subject to some regularity conditions, the answer is when preferences of every individual i can be represented by a utility function of the form U(X_i,Y)=A(Y)X_i+B_i(Y) where X_i is i's consumption of private goods and Y is the amount of public goods.

Many UC-authored scholarly publications are freely available on this site because of the UC Academic Senate's Open Access Policy. Let us know how this access is important for you.

Main Content
Current View