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A UNIQUE INFORMATIONALLY EFFICIENT ALLOCATION MECHANISM IN ECONOMIES WITH CONSUMPTION EXTERNALITIES

机译:具有消费外部性的经济学中的一种唯一的信息有效分配机制

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摘要

This article investigates the informational requirements of resource allocation processes in pure exchange economies with consumption externalities. It is shown that the distributive Lindahl mechanism has a minimal informational size of the message space, and thus it is informationally the most efficient allocation process that is informationally decentralized and realizes Pareto-efficient allocations over the class of economies that include nonmalevolent economies. Furthermore, it is shown that the distributive Lindahl mechanism is the unique informationally efficient decentralized mechanism that realizes Pareto-efficient and individually rational allocations over a certain class of nonmalevolent economies.
机译:本文研究了具有消费外部性的纯交换经济中资源分配过程的信息需求。结果表明,分布式Lindahl机制具有消息空间的最小信息量,因此它是信息上最有效的分配过程,该过程在信息上分散并且实现了对包括非恶意经济体在内的经济体的帕累托有效分配。此外,研究表明,分布式Lindahl机制是独特的信息有效分散机制,可实现对某些非恶意经济体的帕累托效率和个体理性分配。

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