“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...
| Published in: | Journal of Economic Theory Vol. 143; no. 1; pp. 275 - 292 |
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| Main Authors: | , , , |
| Format: | Article |
| Published: |
Academic Press Inc.
November 2008
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |