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Optimal Provision Of Public Goods
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Book Synopsis Optimal Provision of Public Goods by : Claus Thustrup Kreiner
Download or read book Optimal Provision of Public Goods written by Claus Thustrup Kreiner and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The standard approach to the optimal provision of public goods highlights the importance of distortionary taxation and distributional concerns. A new approach neutralizes distributional concerns by adjusting the income tax schedule. We demonstrate that both approaches are derived from the same basic formula. We also take the new approach further by deriving an intuitive formula for the optimal level of public goods, without imposing strong assumptions on preferences. This formula shows that distortionary taxation has a role to play, as in the standard approach. However, the main determinants of optimal provision are different, and the modified Samuelson rule is likely to lead to underprovision.
Book Synopsis Public Finance and Public Policy by : Jonathan Gruber
Download or read book Public Finance and Public Policy written by Jonathan Gruber and published by Macmillan. This book was released on 2005 with total page 806 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapters include: "Income distribution and welfare programs", "State and local government expenditures" and "Health economics and private health insurance".
Book Synopsis The Optimal Provision of Public Goods in a System of Local Government by : Alan Williams
Download or read book The Optimal Provision of Public Goods in a System of Local Government written by Alan Williams and published by . This book was released on 1966 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Optimal Provision of Multiple Excludable Public Goods by : Hanming Fang
Download or read book Optimal Provision of Multiple Excludable Public Goods written by Hanming Fang and published by . This book was released on 2008 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the optimal provision mechanism for multiple excludable public goods when agents' valuations are private information. For a parametric class of problems with binary valuations, we demonstrate that the optimal mechanism involves bundling if a regularity condition, akin to a hazard rate condition, on the distribution of valuations is satisfied. Bundling alleviates the free riding problem in large economies in two ways: first, it may increase the asymptotic provision probability of socially efficient public goods from zero to one; second, it decreases the extent of use exclusions. If the regularity condition is violated, then the optimal solution replicates the separate provision outcome.
Book Synopsis Public Goods and Market Failures by : Tyler Cowen
Download or read book Public Goods and Market Failures written by Tyler Cowen and published by Transaction Publishers. This book was released on with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Compensatory arrangements for the optimal provision of public goods by : Robert B. Wilson
Download or read book Compensatory arrangements for the optimal provision of public goods written by Robert B. Wilson and published by . This book was released on 1967 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Pigovian Rule for the Optimum Provision of Public Goods by : Mervyn A. King
Download or read book A Pigovian Rule for the Optimum Provision of Public Goods written by Mervyn A. King and published by . This book was released on 1985 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The integrated treatant of optimal taxation and public expenditure presented here is based on the dual relationship between the prices of private goods and the quantities of public goods. In this paper we derive analogues of Roy's identity and the Slutsky equation for the case of public goods. The optimal provision of public goods and the level of taxation are shown to be dual problems.The conditions for optimum public good provision can be expressed as a ndification of the Samuelson conditions with extra terms representing (a) the distortionary effect of taxes on the willingness to pay for the public good, and (b) distributional effects.The former captures Pigou's notion of the indirect daniage caused by the need to finance public expenditure out of distortionary taxes, and we call this the "Pigou term". In certain cases a very simple benefit-cost ratio for public projects emerges that is equivalent to measuring benefits as if they were taxed
Book Synopsis Public Goods for Economic Development by : Olga Memedović
Download or read book Public Goods for Economic Development written by Olga Memedović and published by UN. This book was released on 2008 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Public Finance and Public Policy by : Arye L. Hillman
Download or read book Public Finance and Public Policy written by Arye L. Hillman and published by Cambridge University Press. This book was released on 2009-04-06 with total page 861 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of Public Finance and Public Policy retains the first edition's themes of investigation of responsibilities and limitations of government. The present edition has been rewritten and restructured. Public choice and political economy concepts and political and bureaucratic principal-agent problems are introduced at the beginning for application to later topics. Fairness, envy, hyperbolic discounting, and other concepts of behavioral economics are integrated throughout. The consequences of asymmetric information and the tradeoff between efficiency and ex-post equality are recurring themes. Key themes investigated are markets and governments, institutions and governance, public goods, public finance for public goods, market corrections (externalities and paternalist public policies), voting, social justice, entitlements and equality of opportunity, choice of taxation, and the need for government. The purpose of the book is to provide an accessible introduction to the use of public finance and public policy to improve on market outcomes.
Book Synopsis Optimal Provision of Public Goods by : Rolf Jens Brunstad
Download or read book Optimal Provision of Public Goods written by Rolf Jens Brunstad and published by . This book was released on 2007 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Optimal Provision of Public Goods by : David Bigman
Download or read book Optimal Provision of Public Goods written by David Bigman and published by . This book was released on 1987 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The optimal provision of public goods in a representative democracy by : Anthony V. Popp
Download or read book The optimal provision of public goods in a representative democracy written by Anthony V. Popp and published by . This book was released on 1981 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis EPRU Working Papers by : Claus Thustrup Kreiner
Download or read book EPRU Working Papers written by Claus Thustrup Kreiner and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Optimal Provision of Public Goods in the Presence of Externalities by : Udo Ebert
Download or read book Optimal Provision of Public Goods in the Presence of Externalities written by Udo Ebert and published by . This book was released on 1993 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Yoshitsugu Kanemoto Publisher :Vancouver, Department of Economics, University of British Columbia ISBN 13 : Total Pages :24 pages Book Rating :4.:/5 (621 download)
Book Synopsis Optimal Provision of Local Public Goods in a Spatial Economy by : Yoshitsugu Kanemoto
Download or read book Optimal Provision of Local Public Goods in a Spatial Economy written by Yoshitsugu Kanemoto and published by Vancouver, Department of Economics, University of British Columbia. This book was released on 1978 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Rüdiger Pethig Publisher :Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften ISBN 13 : Total Pages :256 pages Book Rating :4.3/5 (9 download)
Book Synopsis Public Goods and Public Allocation Policy by : Rüdiger Pethig
Download or read book Public Goods and Public Allocation Policy written by Rüdiger Pethig and published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften. This book was released on 1985 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public goods with price exclusion / Michael E. Burns and Cliff Walsh -- Free rider and bad wagons / Bengt-Arne Wickström -- Competitive lobbying for group-specific public goods / Rüdiger Pethig -- The MDP-procedure in a regional economy / Oskar von dem Hagen -- Distributive and allocative effects of individual voting behaviour / Horst Hanusch and Peter Biene -- Majority decisions on regional environmental quality and interregional pollution / Ferdi Dudenhöffer -- Environmental policy with pollution interaction / Alfred Endres -- Alternative allocation procedures for public goods / Wolfgang Blümel.
Book Synopsis EPRU Working Papers by : Claus Thustrup Kreiner
Download or read book EPRU Working Papers written by Claus Thustrup Kreiner and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: