Optimal ownership of public goods reconsidered
نویسندگان
چکیده
منابع مشابه
Optimal Provision of Public Goods with Altruistic Individuals
We study the optimal provision of public goods in the context of a special class of altruistically linked utility functions. We show that the usual Samuelson condition holds as if the utility functions were independent.
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The nonrivalrous property holds when use of a unit of the good by one consumer does not preclude or diminish the benefit from another consumer using the same unit of the good. Thus there is jointness in consumption of the good— one unit of the good produced generates multiple units of consumption. Nonrivalrous implies that the opportunity cost of the marginal user is zero. Some classic examples...
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2014
ISSN: 0165-1765
DOI: 10.1016/j.econlet.2014.08.003