Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/35572 
Year of Publication: 
2009
Series/Report no.: 
IZA Discussion Papers No. 4181
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
This paper focuses on indivisible multiple-costsingle-benefit projects that must be approved by the government. A simple mechanism is proposed that ensures an efficient and fair implementation of such projects. The proposed mechanism is appropriate for a unilateral information structure: the single beneficiary has complete information on the cost and benefit of the project while the government official has no such information and the cost bearers have information only on each other's costs.
Subjects: 
Indivisible project
single beneficiary
multiple-cost bearers
unilateral information
efficient and fair implementation
JEL: 
D61
D62
D78
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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