A New Approach To The Economics Of Public Goods

Author : Thomas Laudal
Publisher : Routledge
Page : 86 pages
File Size : 43,7 Mb
Release : 2019-08-28
Category : Business & Economics
ISBN : 9781000705720

Get Book

A New Approach to the Economics of Public Goods by Thomas Laudal Pdf

Public goods are typically defined only in reference to the good itself but, as this book argues, the public goods can be better understood if contextual variables are incorporated. This book discusses the production and provision of public goods. It asserts that changes related to public goods are better understood if the category of goods are not decided solely by the properties of the good itself. We also need to focus on how the enabled utility of a good is influenced by the production and the provision of the good. The book opens with a brief introduction to common conceptions of public goods and a review of the existing literature - highlighting the limitations of current definitions of public goods. It presents a new multi-layered approach to public goods. This has implications for the discourse on public goods and for our understanding of the societal and environmental impact of public goods. The implications are illustrated in several areas; public goods in ancient history, privatization, innovation, competitiveness and prices, democracy and political standards, and economic growth. The book provides a provocative argument for a new way to analyze public goods which will appeal to scholars and students interested in the economic analysis of public goods, arguments regarding the privatizing or nationalizing of production and services, and method of modelling and measuring sustainable business activities.

Author : Jean-Philippe Touffut
Publisher : Edward Elgar Publishing
Page : 185 pages
File Size : 45,9 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 9781847201843

Get Book

Advancing Public Goods by Jean-Philippe Touffut Pdf

This is a timely and thought-provoking book which brings the discussion of public goods to confront the contemporary world economy where such goods have often a global nature and require super-national provision and control. Giovanni Dosi, St Anna School of Advanced Studies, Pisa, Italy In this wide-ranging selection of papers, distinguished economists, public policy advisers and political theorists contribute to the debate on public goods. The studies cover topics in the conceptualization, classification and stratification of public goods. Also examined are public institutional design, global economic institutions and partnership typologies. Individual papers address the financing, regulatory, organizational and legal aspects relating to services of general interest in Europe. The dynamics of global public good production, including monopolies, patents, scientific uncertainty and market failures, are discussed. Empirical research on the state, profit and non-profit sectors is presented. Providing numerous examples of specific public goods, the contributions also highlight the impact of macroeconomic policies on provision. The book presents a broad diversity of new approaches to global public goods within the framework of mixed economies, beyond the standard economic analysis of public services. Academics, researchers and policymakers in the area of global public goods and services will find this volume of great interest.

Author : Roland Bardy,Arthur Rubens,Raymond Saner,Lichia Yiu
Publisher : Cambridge Scholars Publishing
Page : 332 pages
File Size : 54,7 Mb
Release : 2021-02-18
Category : Business & Economics
ISBN : 9781527566255

Get Book

Public Goods, Sustainable Development and the Contribution of Business by Roland Bardy,Arthur Rubens,Raymond Saner,Lichia Yiu Pdf

This book provides an expansive review of the public goods theme and highlights the inherent linkage between sustainable development and corporate responsibility for improving the current and future welfare of communities both at home and abroad. The main proposition here is that sustainable development is focused on preserving and maintaining public goods. Consequently, whoever uses public goods is liable for their preservation, their maintenance, and, where they are underdeveloped, for their expansion. Successful delivery, both now and in the future, depends on a positive relationship of the public sector with the private sector. This book will serve to stimulate discussions of scholars and policy makers in the field of sustainable development with business leaders, and will close the gap between the public and the private sectors by building a common understanding and common methodologies for implementing and measuring sustainable development in the macro- and the micro-spheres.

Author : James M. Buchanan
Publisher : Unknown
Page : 202 pages
File Size : 52,9 Mb
Release : 1999
Category : Business & Economics
ISBN : 0865972214

Get Book

The Demand and Supply of Public Goods by James M. Buchanan Pdf

Public-goods theory constituted a major element in James M. Buchanan’s research agenda throughout the 1960s. The Demand and Supply of Public Goods is a major part of that work. At the time that Buchanan was elaborating on his theories of public goods, the prevailing trend in public economics was the emergence of public-expenditure theory, which attempted to form a comprehensive theory of the state around the notion of market failure. The Demand and Supply of Public Goods established Buchanan’s broad purpose of explicitly comparing market performance with political performance. As such, the book is an important part of Buchanan’s contractarian theory of the "productive state.” Conceived originally as a series of lectures given at Cambridge University in 1961 and 1962, The Demand and Supply of Public Goods is written for students, but is in no way a textbook of dry pedagogy. Instead, as Geoffrey Brennan writes in the foreword, "What Buchanan provides here is a clear statement of the contractarian approach to public goods problems, very much in the 'voluntary exchange’ tradition of Wicksell and Lindhal.” James M. Buchanan is an eminent economist who won the Alfred Nobel Memorial Prize in Economic Sciences in 1986 and is considered one of the greatest scholars of liberty in the twentieth century. The entire series will include: Volume 1: The Logical Foundations of Constitutional Liberty Volume 2: Public Principles of Public Debt Volume 3: The Calculus of Consent Volume 4: Public Finance in Democratic Process Volume 5: The Demand and Supply of Public Goods Volume 6: Cost and Choice Volume 7: The Limits of Liberty Volume 8: Democracy in Deficit Volume 9: The Power to Tax Volume 10: The Reason of Rules Volume 11: Politics by Principle, Not Interest Volume 12: Economic Inquiry and Its Logic Volume 13: Politics as Public Choice Volume 14: Debt and Taxes Volume 15: Externalities and Public Expenditure Theory Volume 16: Choice, Contract, and Constitutions Volume 17: Moral Science and Moral Order Volume 18: Federalism, Liberty, and the Law Volume 19: Ideas, Persons, and Events Volume 20: Indexes

Author : Edward Clarke
Publisher : iUniverse
Page : 298 pages
File Size : 52,9 Mb
Release : 2000
Category : Business & Economics
ISBN : 9780595089307

Get Book

Demand Revelation and the Provision of Public Goods by Edward Clarke Pdf

The demand revelation process has been called a new and superior process for making social choices and holds some promise of creating an intellectual revolution in economics and politics. It relies on a so-called “Clarke tax” or pivot mechanism to ensure that individuals will adequately consider the social cost of their influence on social outcomes, thereby ensuring truthful revelation of preferences and overcoming the “free rider” problem of public goods provisioning. Demand Revelation and the Provision of Public Goods outlines Clarke’s approach to use demand revelation in the creation of demand revealing markets accompanied by the improved management of social entitlements to public goods and services. Based on these refinements, he shows ways to achieve improved government performance in areas of taxation, spending and government regulatory management. In this revised edition of his original 1980 book, Clarke reviews other recent related work, notably Martin Bailey’s Constitution for a Future Country, which describes in detail how these advances in an improved political economy can be achieved.

Author : Olga Memedović
Publisher : UN
Page : 198 pages
File Size : 52,7 Mb
Release : 2008
Category : Business & Economics
ISBN : COLUMBIA:CU90392752

Get Book

Public Goods for Economic Development by Olga Memedović Pdf

This publication addresses factors that promote or inhibit successful provision of the four key international public goods: financial stability, international trade regime, international diffusion of technological knowledge and global environment. Without these goods, developing countries are unable to compete, prosper or attract capital from abroad. The need for public goods provision is also recognized by the Millennium Development Goals, internationally agreed goals and targets for knowledge, health, governance and environmental public goods. The Report addresses the nature of required policies and institutions using the modern principles of collective action.

Author : Wolfgang Buchholz,Dirk Rübbelke
Publisher : Springer
Page : 326 pages
File Size : 54,6 Mb
Release : 2017-03-20
Category : Business & Economics
ISBN : 9783319494425

Get Book

The Theory of Externalities and Public Goods by Wolfgang Buchholz,Dirk Rübbelke Pdf

This state-of-the art collection of papers analyses various aspects of the theory of externalities and public goods. The contributions employ new analytical techniques like the aggregative game approach, and discuss the philosophical underpinnings of the theory. Furthermore, they highlight a range of topical empirical applications including climate policy and counterterrorism. This contributed volume was written in memory of Richard C. Cornes, a pioneer in the theory of externalities and public goods.

Author : Herbert J. Kiesling
Publisher : University of Michigan Press
Page : 384 pages
File Size : 54,5 Mb
Release : 1992
Category : Business & Economics
ISBN : 0472103466

Get Book

Taxation and Public Goods by Herbert J. Kiesling Pdf

New approach to the analysis of tax policies

Author : Pieter H.M. Ruys
Publisher : Springer
Page : 0 pages
File Size : 47,5 Mb
Release : 1974-07-31
Category : Business & Economics
ISBN : 9023729161

Get Book

Public goods and decentralization by Pieter H.M. Ruys Pdf

The introduction of public goods into economic theory has recently received substantial attention from economists. Both the increasing significance of public goods and the deficiencies of the private goods-oriented allocation mechanisms call for a re orientation of the classical general equilibrium models such as the one designed by Walras exactly a century ago. Although several approaches to this problem are possible, the duality approach seems to be very fruitful. In this study, Dr. Ruys applies and develops the mathematical theory of polarity to gain a deeper insight into the economic theory of value. He not only uses the duality approach to simplify formal proofs related to public goods, but he also gives an interpretation to the application of polarity operations which goes far, beyond its formal significance. This study is in a way closely related to the publication 'Axiomatic choice models' by Dr. H. N. Weddepohl, which is volume 3 of the Tilburg Studies on Economics.

Author : Masayuki Tanimoto,R. Bin Wong
Publisher : University of California Press
Page : 348 pages
File Size : 42,7 Mb
Release : 2018-12-04
Category : History
ISBN : 9780520303652

Get Book

Public Goods Provision in the Early Modern Economy by Masayuki Tanimoto,R. Bin Wong Pdf

At publication date, a free ebook version of this title will be available through Luminos, University of California Press’s Open Access publishing program. Visit www.luminosoa.org to learn more. Scholarly discussions on economic development in history, specifically those linked to industrialization or modern economic growth, have paid great attention to the formation and development of the market economy as a set of institutions able to augment people’s welfare. The role of specific nonmarket practices for promoting the economic development and welfare has been a distinct concern, typically involving discussion of the state’s economic policies. How have societies tackled those issues that the market did not? To what extent did those solutions reflect the structure of an economy? Public Goods Provision in the Early Modern Economy explores these questions by investigating efforts made for the provision of "public goods" in early modern economies from the perspective of Japanese socioeconomic history during Tokugawa era (1603–1868), and by comparing those cases with others from Europe and China’s economic history. The contributors focus on three areas of inquiry—early modern era welfare policies for the poor, infrastructure, and forest management—to provide both a unique perspective on Japanese public finance at local levels and a vantage point outside of Europe to encourage a more global view of early modern political economies that shaped subsequent modern transformations.

Author : Pieter H.M. Ruys
Publisher : Springer
Page : 0 pages
File Size : 54,9 Mb
Release : 2014-01-14
Category : Business & Economics
ISBN : 9401176353

Get Book

Public goods and decentralization by Pieter H.M. Ruys Pdf

The introduction of public goods into economic theory has recently received substantial attention from economists. Both the increasing significance of public goods and the deficiencies of the private goods-oriented allocation mechanisms call for a re orientation of the classical general equilibrium models such as the one designed by Walras exactly a century ago. Although several approaches to this problem are possible, the duality approach seems to be very fruitful. In this study, Dr. Ruys applies and develops the mathematical theory of polarity to gain a deeper insight into the economic theory of value. He not only uses the duality approach to simplify formal proofs related to public goods, but he also gives an interpretation to the application of polarity operations which goes far, beyond its formal significance. This study is in a way closely related to the publication 'Axiomatic choice models' by Dr. H. N. Weddepohl, which is volume 3 of the Tilburg Studies on Economics.

Author : Mancur Olson
Publisher : Harvard University Press
Page : 212 pages
File Size : 40,8 Mb
Release : 1971
Category : Social groups
ISBN : 0674537513

Get Book

The Logic of Collective Action by Mancur Olson Pdf

Author : Claude Ménard,Mary M. Shirley
Publisher : Edward Elgar Publishing
Page : 304 pages
File Size : 42,6 Mb
Release : 2018-12-28
Category : Business & Economics
ISBN : 9781788112512

Get Book

A Research Agenda for New Institutional Economics by Claude Ménard,Mary M. Shirley Pdf

Consisting of 30 concise chapters written by top scholars, this Research Agenda probes the knowledge frontiers of issues long at the forefront of New Institutional Economics (NIE), including government, contracts and property rights. It examines pressing research questions surrounding norms, culture, and beliefs. It is designed to inform and inspire students and those starting their careers in economics, law and political science. Well-established scholars will also find the book invaluable in updating their understanding of crucial research questions and seeking new areas to explore.

Author : S. Niggol Seo
Publisher : Academic Press
Page : 336 pages
File Size : 54,8 Mb
Release : 2020-07-02
Category : Business & Economics
ISBN : 9780128198766

Get Book

The Economics of Globally Shared and Public Goods by S. Niggol Seo Pdf

The Economics of Globally Shared and Public Goods responds to an urgent need to consolidate and refine the economic theories and explanations pertinent to globally shared resources. Making a clear distinction between theories and empirical models, it elucidates the problem of global public goods while incorporating insights from behavioral economics. Its comprehensive and technical review of existing theoretical models and their empirical results illuminate those models in practical applications. Relevant for economists and others working on challenges of globally shared goods such as climate change and global catastrophes, The Economics of Globally Shared and Public Goods provides a path toward greater co-operation and shared successes. Offers an encompassing description of the economics of global public goods Provides an ensemble of empirical analyses of behavioral complexities Defines a set of optimality conditions for a solution applicable to many problems

Author : Richard Cornes,Todd Sandler
Publisher : Cambridge University Press
Page : 620 pages
File Size : 50,6 Mb
Release : 1996-06-28
Category : Business & Economics
ISBN : 0521477182

Get Book

The Theory of Externalities, Public Goods, and Club Goods by Richard Cornes,Todd Sandler Pdf

This book presents an updated and expanded discussion of theoretical treatment of externalities (i.e. uncompensated interdependencies), public goods, and club goods.