Welfare Theory, Public Goods, and Public Facility Location: A Rejoinder
نویسندگان
چکیده
منابع مشابه
Theory of Public Goods
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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It has become increasingly difficult to distinguish public health (and public health ethics) from tangentially related fields like social work. I argue that we should reclaim the more traditional conception of public health as the provision of health-related public goods. The public goods account has the advantage of establishing a relatively clear and distinctive mission for public health. It ...
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The past four decades have witnessed an explosive growth in the field of networkbased facility location modeling. This is not at all surprising since location policy is one of the most profitable areas of applied systems analysis in regional science and ample theoretical and applied challenges are offered. Location-allocation models seek the location of facilities and/or services (e.g., schools...
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A public good, as defined by economic theory, is a good that, once produced, can be consumed by an additional consumer at no additional cost. A second characteristic is sometimes added, specifying that consumers cannot be excluded from consuming the public good once it is produced. Goods with these characteristics will be underproduced in the private sector, or may not be produced at all, follo...
متن کاملPublic Goods
We require an economic system to cater to individual wants to the maximum possible extent expressed formally by means of an efficiency condition. Because the set of efficient outcomes is a function of individual preferences, a successful system must elicit information about those preferences. That desideratum, along with the fact that the information disclosed by an individual will be dictated ...
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ژورنال
عنوان ژورنال: Geographical Analysis
سال: 2010
ISSN: 0016-7363
DOI: 10.1111/j.1538-4632.1979.tb00705.x