Nouweland, Anne van den
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Browsing Nouweland, Anne van den by Author "Wooders, Myrna Holtz"
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Item Open Access Status Equilibrium in Local Public Good Economies(University of Oregon, Dept of Economics, 2005-09-19) Nouweland, Anne van den; Wooders, Myrna HoltzWe define a concept of status equilibrium for local public good economies. A status equilibrium specifies one status index for each agent in an economy. These indices determine agents’ cost shares in any possible jurisdiction. We provide an axiomatic charaterization of status equilibrium using consistency properties.