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- W2038309384 abstract "Abstract In this paper, we extend Schweizer's open club model to clubs with goods that have a semipublic nature rather than a pure public nature. We study limit core allocations, which are those allocations that remain in the core of a replicated economy. An equivalent notion for open clubs with pure public goods was Schweizer's concept of club efficiency under a variable number of economic agents. We show that given certain conditions, the equivalence of limit core allocations and Lindahl equilibria holds for a wide range of open club economies with semipublic club goods. We also show that extension to a more general class of open club economies seems implausible." @default.
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- W2038309384 date "2005-05-01" @default.
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- W2038309384 title "Lindahl equilibrium and Schweizer's open club model with semipublic goods" @default.
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- W2038309384 doi "https://doi.org/10.1016/j.mathsocsci.2004.05.001" @default.
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