Construct · 1 fields · 1 citations

Lindahl equilibrium: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
Lindahlequilibrium1 CONSTRUCTLindahl equilibriumFOLEY · PUBLIC ECONOMICS

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Public economics

an allocation of public goods in which each person pays a personalized price equal to their marginal benefit and all agree on the quantity supplied.

In public economics, Lindahl equilibrium refers to an allocation of public goods in which each person pays a personalized price equal to their marginal benefit and all agree on the quantity supplied. This meaning comes from Foley (1970) in Econometrica.[1]

Unit
Recovery means
Measured by

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Nearby constructs

allocation3 fields · 4 citationsjingle · one word, three constructsequilibrium4 fields · 4 citationsjingle · one word, four constructsmarginal3 fields · 3 citationsjingle · one word, three constructs

References

  1. Foley, D. K. (1970). Lindahl's Solution and the Core of an Economy with Public Goods. Econometrica, 38(1), 66. https://doi.org/10.2307/1909241

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