Equilibrium and efficiency under pure entitlement systems

This is a preview of subscription content, access via your institution.


  1. [1]

    Aivazian, V.A. and Callen, J.L. (1981) The Coase Theorem and the Empty Core, Journal of Law and Economics, 24: 175–182.

    Google Scholar 

  2. [2]

    Bergstrom, T.C. (1976) Collective Choice and the Lindahl Allocation Method. S. Lin, ed., Theory and Measurement of Economic Externalities. New York: Academic Press.

    Google Scholar 

  3. [3]

    Coase, R.H. (1960) The Problem of Social Cost, Journal of Law and Economics 3: 1–44.

    Google Scholar 

  4. [4]

    Gibbard, A. (1974) A Pareto-Consistent Libertarian Claim, Journal of Economic Theory 7: 388–410.

    Google Scholar 

  5. [5]

    Hayek, F.A. Law, Legislation and Liberty. Chicago: University of Chicago Press, v. 1, 1973; v. 2, 1976; v. 3, 1979.

    Google Scholar 

  6. [6]

    Kemp, M. and Kimura, Y. (1978) Introduction to Mathematical Economics, New York: Springer-Verlag.

    Google Scholar 

  7. [7]

    Nozick, R. (1974) Anarchy, State and Utopia, New York: Basic Books.

    Google Scholar 

  8. [8]

    Rader, T. (1972) Theory of General Economic Equilibrium, New York: Academic Press.

    Google Scholar 

  9. [9]

    Rawls, J. (1971) A Theory of Justice, Cambridge: Harvard University Press.

    Google Scholar 

  10. [10]

    Starrett, D. (1972) Fundamental Nonconvexities in the Theory of Externalities, Journal of Economic Theory 4: 180–199.

    Google Scholar 

Download references

Author information



Additional information

This paper was prompted by discussion with Milton Wachsberg and Calvin Normore, and has been greatly influenced by further discussions with Joseph Greenberg and with Hugo Sonnenschein. I would also like to thank Kim Border, Lewis Kornhauser, Charles Plott, and Marc Vellrath for their comments on earlier drafts.

Rights and permissions

Reprints and Permissions

About this article

Cite this article

Green, E.J. Equilibrium and efficiency under pure entitlement systems. Public Choice 39, 185–212 (1982). https://doi.org/10.1007/BF00242156

Download citation


  • Public Finance
  • Entitlement System