Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/26042 
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dc.contributor.authorBuchholz, Wolfgangen
dc.contributor.authorPeters, Wolfgangen
dc.date.accessioned2007-07-25-
dc.date.accessioned2009-07-28T08:15:13Z-
dc.date.available2009-07-28T08:15:13Z-
dc.date.issued2007-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1997en
dc.subject.jelH41en
dc.subject.ddc330en
dc.subject.stwÖffentliches Guten
dc.subject.stwGerechtigkeiten
dc.subject.stwWillingness to payen
dc.subject.stwÄquivalenzprinzipen
dc.subject.stwTheorieen
dc.titleEqual sacrifice and fair burden sharing in a public goods economy-
dc.typeWorking Paperen
dc.identifier.ppn538184639en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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