Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/26042
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dc.contributor.authorBuchholz, Wolfgangen_US
dc.contributor.authorPeters, Wolfgangen_US
dc.date.accessioned2007-07-25en_US
dc.date.accessioned2009-07-28T08:15:13Z-
dc.date.available2009-07-28T08:15:13Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/26042-
dc.description.abstractApplying a willingness to pay approach known from contingent valuation in environmental economics, we develop an ordinally based measure for the size of individual sacrifice that is connected with an agent's contribution to a public good. We construct a selection mechanism that picks the unique efficient solution among all allocations that have an equal sacrifice as defined in this way. We show that the solution thus obtained correspond to Moulin's egalitarian equivalent allocation, conforms to both the ability to pay and the benefit principles, and has much in common with the Lindahl equilibrium.en_US
dc.language.isoengen_US
dc.publisher|aCenter for Economic Studies and Ifo Institute (CESifo) |cMunichen_US
dc.relation.ispartofseries|aCESifo working paper|x1997en_US
dc.subject.jelH41en_US
dc.subject.ddc330en_US
dc.subject.stwÖffentliches Guten_US
dc.subject.stwGerechtigkeiten_US
dc.subject.stwWillingness to payen_US
dc.subject.stwÄquivalenzprinzipen_US
dc.subject.stwTheorieen_US
dc.titleEqual sacrifice and fair burden sharing in a public goods economyen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn538184639en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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