In addition to the fact that Tiebout's assumptions are unrealistic, as mentioned before, even with these assumptions he did not provide a mathematical proof of the equilibrium in his article. Some scholars tried to formalize the model and suggest that the model does not work as we would expect from a pareto optimal general equilibrium model. Bewley (1981) showed that Tiebout equilibrium does not have a Pareto optimal solution unless we add some other restrictive assumptions to the model. He provided a series of examples which highlights the inefficiency of Tiebout model. Moreover, as the reviewed literature shows, relaxing Tiebout’s assumption does ...
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