“Almost” subsidy-free spatial pricing in a multi-dimensional setting.

Consider a population of citizens uniformly spread over the entire plane. The population faces a problem of locating public facilities financed by its users, who face an idiosyncratic private access cost to the facility. We show that, under mild assumptions, an external intervention that covers a ti...

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Bibliographic Details
Published in:Journal of Economic Theory Vol. 143; no. 1; pp. 275 - 292
Main Authors: Drèze, Jacques, Le Breton, Michel, Savvateev, Alexei, Weber, Shlomo
Format: Article
Published: Academic Press Inc. November 2008
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Online Access:View this record in EBSCOhost