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33 p, 477.2 KB On cost sharing in the provision of a binary and excludable public good / Massó, Jordi (Universitat Autònoma de Barcelona. Departament d'Economia i d'Història Econòmica) ; Nicolò, Antonio (University of Manchester) ; Sen, Arunava (Indian Statistical Institute) ; Sharma, Tradib (Centro de Investigación Económica (México)) ; Ülkü, Levent (Centro de Investigación Económica (México))
We study efficiency and fairness properties of the equal cost sharing with maximal participation (ECSMP) mechanism in the provision of a binary and excludable public good. According to the maximal welfare loss criterion, the ECSMP is optimal within the class of strategyproof, individually rational and no-deficit mechanisms only when there are two agents. [...]
2015 - 10.1016/j.jet.2014.11.003
Journal of economic theory, Vol. 155 (2015) , p. 30-49  

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