Welfare Analysis of the Number and Locations of Local Public Facilities
@inproceedings{Berliant2004WelfareAO, title={Welfare Analysis of the Number and Locations of Local Public Facilities}, author={Marcus Berliant and Shin-Kun Peng and Ping Wang}, year={2004} }
We develop a model with a finite number of households and congestable local public goods where the level of provision, the number of facilities and their locations are all endogenously determined. We prove that an equal-treatment identical-provision second-best optimum exists, where all households are required to reach the same utility level, the provision of local public good is required to be the same at all facilities, and all facilities must serve the same number of consumers. Such an… CONTINUE READING
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