Pseudo Lindahl Equilibrium as a Collective Choice Rule.

A collective choice problem specifies a finite set of alternatives from which a group of expected utility maximizers must choose. We associate a collective pseudo market with every collective choice problem and establish the existence and efficiency of pseudo Lindahl equilibrium (PLE) allocations. W...

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Bibliographic Details
Published in:Review of Economic Studies Vol. 93; no. 2; pp. 938 - 968
Main Authors: Gul, Faruk, Pesendorfer, Wolfgang
Format: Article
Published: Oxford University Press / USA Mar2026
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Online Access:View this record in EBSCOhost