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Author: Richard Cornes
Publisher: Cambridge University Press
ISBN: 9780521477185
Category : Business & Economics
Languages : en
Pages : 620
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Book Description
This book presents an updated and expanded discussion of theoretical treatment of externalities (i.e. uncompensated interdependencies), public goods, and club goods.
Author: Richard Cornes
Publisher: Cambridge University Press
ISBN: 9780521477185
Category : Business & Economics
Languages : en
Pages : 620
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Book Description
This book presents an updated and expanded discussion of theoretical treatment of externalities (i.e. uncompensated interdependencies), public goods, and club goods.
Author: Tyler Cowen
Publisher: Taylor & Francis
ISBN: 104028468X
Category : Business & Economics
Languages : en
Pages : 391
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Book Description
Assertions of market failure are usually based on Paul Samuelson's theory of public goods and externalities. This book both develops that theory and challenges the conclusion of many economists and policy-makers that market failures cannot be corrected by market forces. The volume includes major case studies of private provision of public goods. Among the goods considered are lighthouse services, education, municipal services, and environmental conservation.
Author: John Leach
Publisher: Cambridge University Press
ISBN: 9780521535670
Category : Business & Economics
Languages : en
Pages : 444
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Book Description
This 2004 textbook explores how markets operate and governments' roles in addressing market failures.
Author: Tyler Cowen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 400
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Book Description
"Co-published by arrangement with the Cato Institute"--T.p. verso. Includes bibliographies.
Author: Steven A. Y. Lin
Publisher: Academic Press
ISBN: 1483271471
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
Theory and Measurement of Economic Externalities provides information on some analytical and empirical developments in the field of externalities. This book presents the function of turning out producer's goods in the form of better knowledge, analytical formulation, and approaches for application to current problems. Organized into five parts encompassing 12 chapters, this book begins with an overview of the notion of externalities in connection with analyses of economic welfare. This text then discusses the relationship between publicness and external diseconomies when either consumption or production or decision sets are nonconvex due to a high degree of externalities. Other chapters consider disproving the pessimistic conclusions concerning tax–subsidy schemes. This book discusses as well the solutions for the allocation of resources in an economy with public goods and interdependent preferences. The final chapter deals with a general framework for estimating externality production functions. This book is a valuable resource for economists.
Author: Pablo Guillen
Publisher: Springer Nature
ISBN: 9811557411
Category : Science
Languages : en
Pages : 82
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Book Description
This is a book about how cities occupy space. We are not interested in architectural masterpieces, but the tools for reinventing city life. We try to provide a framework for the architecture and design of public space without aesthetic considerations. We identify several defining factors. First of all, history as the city today very much depends on how it was yesterday. The geographical location and the technology available at a point of time both play a constraining role in what can be done as well. Culture, in the form of social norms, laws and regulations, also restricts what is possible to do. On the other hand, culture is also important in guiding the ideas and aspirations that together inform what society wants the city to be. The city needs government intervention, or regulation, to ameliorate the problem posed by a tangle of externalities and public goods. We focus on two comparative case studies: the evolution of urban form in the US and how it stands in a sharp contrast with the evolution of urban form in Japan. We emphasise the difference in regulations between both jurisdictions. We study how differences in technological choices driven by culture (i.e. racial segregation), geography (i.e. the availability of land) and history (i.e. the mobility restrictions of the Tokugawa period) result in vast differences in mobility regarding the share of public transport, walking and cycling versus motorised private transport. American cities are constrained by rules that are much further from the neoliberal economic idea of free and competitive markets than the Japanese ones. Japanese planning promotes competition and through a granular, walkable city dotted with small shops, fosters variety in the availability of goods and services. We hypothesise how changing regulations could change the urban form to generate a greater variety of goods and to foster the access to those goods through a more equitable distribution of wealth. Critically, we point out that a desirably denser city must rely on public transport, and we also study how a less-dense city can be made to work with public transport. We conclude by claiming that changes in regulations are very unlikely to happen in the US, as it would require deep cultural changes to move from local to a more universal and less excluding public good provision, but they are both possible and desirable in other jurisdictions.
Author: Roland Bardy
Publisher: Cambridge Scholars Publishing
ISBN: 1527566250
Category : Business & Economics
Languages : en
Pages : 332
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Book Description
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:
ISBN: 9780865972216
Category : Business & Economics
Languages : en
Pages : 202
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Book Description
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: Patrick M. Emerson
Publisher:
ISBN:
Category : Economics
Languages : en
Pages :
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Book Description
Author: Wolfgang Buchholz
Publisher: Springer
ISBN: 3319494422
Category : Business & Economics
Languages : en
Pages : 325
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Book Description
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.
