A competitive equilibrium for a market with both private and public goods is called a

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A competitive equilibrium for a market with both private and public goods is called a Lindahl equilibrium. It is a concept of public economics, which determines a price vector that reveals the marginal evaluation of each consumer for each unit of the public goods. In this equilibrium, the prices of private goods and the allocation of public goods satisfy the conditions of Pareto optimality. A Nash equilibrium refers to a situation where all players in a game choose their best strategy given the strategies of their opponents, but it may not necessarily be Pareto optimal.

A Competitive Equilibrium for a Market with Both Private and Public