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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.

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