Public goods, private interest and altruism
This study shows through an example of a public good-like commodity, that the market might possibly provide the commodity even when there is no rivalry in its consumption and the exclusion of non-payers is costly. The actions of the market actors motivated by private interest both on the demand and...
Elmentve itt :
Szerző: | |
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Dokumentumtípus: | Könyv része |
Megjelent: |
2009
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Sorozat: | SZTE Gazdaságtudományi Kar közleményei
Regional competitiveness, innovation and environment |
Kulcsszavak: | Közgazdaságtan, Társadalmi erkölcs, Gazdaságpolitika, Közjavak |
Tárgyszavak: | |
Online Access: | http://acta.bibl.u-szeged.hu/36411 |
Tartalmi kivonat: | This study shows through an example of a public good-like commodity, that the market might possibly provide the commodity even when there is no rivalry in its consumption and the exclusion of non-payers is costly. The actions of the market actors motivated by private interest both on the demand and supply side may render public (eg. government) decision unnecessary, and thus the necessary welfare losses associated therewith (like taxation, public choice, allocation of resources, particular interests) can be avoided. I will also show, that altruistic behaviour – which is, in a way quite distant from the logic of the market – does not necessarily enhance efficiency. |
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Terjedelem/Fizikai jellemzők: | 87-96 |
ISSN: | 1588-8533 |