Journal of Political Economy Vol. 107 No. 5 1999
Rotten Kids, Purity, and Perfection
Abstract
Bergstrom has shown that becker's “Rotten Kid theorem” holds in a world of two commodities if their utilities are transferable. The present paper identifies a further circumstance in which the theorem is valid. We show that it also holds in the absence of transferable utility if the externalities are assumed to take the form of a single pure public good.
- DOI
- 10.1086/250089
- Volume
- 107
- Issue
- 5
- Pages
- 1034-1040
- Language
- en
- Sources
- openalex crossref bibtex:phds-export.bib