Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
public economics theory |
| gptkbp:appliesTo |
public goods
|
| gptkbp:assumes |
truthful revelation of preferences
|
| gptkbp:contrastsWith |
market equilibrium for private goods
|
| gptkbp:criticizedFor |
practical difficulties in preference revelation
|
| gptkbp:describes |
allocation of public goods
|
| gptkbp:feature |
sum of individual prices covers cost of public good
each individual pays according to marginal benefit voluntary exchange mechanism |
| gptkbp:firstPublished |
1919
|
| https://www.w3.org/2000/01/rdf-schema#label |
Lindahl equilibrium
|
| gptkbp:involves |
efficient provision of public goods
individual demand for public goods personalized prices |
| gptkbp:namedAfter |
gptkb:Erik_Lindahl
|
| gptkbp:proposedBy |
gptkb:Erik_Lindahl
|
| gptkbp:relatedTo |
gptkb:Pareto_efficiency
Samuelson condition |
| gptkbp:studiedIn |
welfare economics
|
| gptkbp:usedIn |
theory of public finance
|
| gptkbp:bfsParent |
gptkb:Erik_Lindahl
|
| gptkbp:bfsLayer |
7
|