Erik Lindahl

Erik Lindahl
Stockholm School
Born	November 21, 1891(1891-11-21)
Died	January 6, 1960(1960-01-06) (aged 68)
Nationality	Sweden
Field	Political economics
Influenced	Knut Wicksell

Erik Robert Lindahl (November 21, 1891 in Stockholm – January 6, 1960 in Uppsala) was a Swedish economist and a member of the Stockholm school.

In 1919, Lindahl proposed a method of financing public goods that was close to a free market solution and is today known as benefit pricing. This methods leads to a so called Lindahl equilibrium. The prices determined in equilibrium are called Lindahl prices. The major detriment of Lindahl's device is that it is not incentive compatible: It imposes a free rider problem.

Works (small selection)

1939: Studies in the Theory of Money and Capital
1919: Die Gerechtigkeit der Besteuerung (German, translated as Just Taxation: A positive solution, 1958)

External links

Lindahl's work

Persondata
Name	Lindahl, Erik
Alternative names
Short description
Date of birth	November 21, 1891
Place of birth
Date of death	January 6, 1960
Place of death