Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Home> Econometrica> Issues> Supplemental Materials>Existence and Computation of a Tiebout General Equilibrium

Econometrica: Jul, 1978, Volume 46, Issue 4

Existence and Computation of a Tiebout General Equilibrium

https://www.jstor.org/stable/1909749
p. 779-805

Donald K. Richter

This paper gives a constructive existence proof of a general equilibrium for a local public goods economy in which consumers are free to move among regions. The proof is based upon the Scarf algorithm for the computation of fixed points.

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