On neutrality with multiple private and public goods
Article
Mathematical Social Sciences
Issue number:
Volume 76, July 2015
Publisher:
Elsevier
Year:
2015
Journal pages:
103-106
We consider an economy with multiple private goods and multiple public goods.
We obtain an analogue of the neutrality result of Warr (1983) and Bergstrom et al. (1986).
We provide an algorithm showing how endowment redistributions can be “neutralized” by changes in the amounts contributed to each public good.We obtain an analogue of the neutrality result of Warr (1983) and Bergstrom et al. (1986) for economies with both multiple private and public goods.