The Theory of Externalities, Public Goods, and Club Goods

The Theory of Externalities, Public Goods, and Club Goods
Author: Richard Cornes
Publisher: Cambridge University Press
Total Pages: 620
Release: 1996-06-28
Genre: Business & Economics
ISBN: 9780521477185

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

Public Finance and Public Policy

Public Finance and Public Policy
Author: Arye L. Hillman
Publisher: Cambridge University Press
Total Pages: 861
Release: 2009-04-06
Genre: Business & Economics
ISBN: 1139475371

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.

International Public Goods

International Public Goods
Author: Marco A. Ferroni
Publisher: World Bank Publications
Total Pages: 212
Release: 2002-01-01
Genre: Business & Economics
ISBN: 9780821351109

Increasingly, the consequences of globalization call for the involvement not only of national governments but of the international development community as a whole. Such involvement needs to occur within a comprehensive framework that encompasses stakeholders from government, non-governmental organizations, and businesses acting together in partnership. This requires the leveraging of general aid and country-focused development resources along with encouraging private financing participation. 'International Public Goods' explains different ways that this type of framework might be structured and focuses on different financing strategies that can be developed. It acknowledges the value of country specific efforts while recommending a multi-national approach to addressing problems resulting from globalization. This book evaluates the concepts fundamental to the term ?public goods? and details alternative governance structures including the role of incentives.

Public Goods for Economic Development

Public Goods for Economic Development
Author: Olga Memedović
Publisher: UN
Total Pages: 198
Release: 2008
Genre: Business & Economics
ISBN:

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.

Public Goods, Sustainable Development and the Contribution of Business

Public Goods, Sustainable Development and the Contribution of Business
Author: Roland Bardy
Publisher: Cambridge Scholars Publishing
Total Pages: 332
Release: 2021-02-18
Genre: Business & Economics
ISBN: 1527566250

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.

Public Goods and Market Failures

Public Goods and Market Failures
Author: Tyler Cowen
Publisher: Taylor & Francis
Total Pages: 391
Release: 2024-11-01
Genre: Business & Economics
ISBN: 104028468X

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.

The Theory of Externalities and Public Goods

The Theory of Externalities and Public Goods
Author: Wolfgang Buchholz
Publisher: Springer
Total Pages: 325
Release: 2017-03-20
Genre: Business & Economics
ISBN: 3319494422

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.

Why Democracy Needs Public Goods

Why Democracy Needs Public Goods
Author: Angela Kallhoff
Publisher: Lexington Books
Total Pages: 173
Release: 2011-08-16
Genre: Philosophy
ISBN: 0739168002

Why Democracy Needs Public Goods provides arguments for a new theoretical perspective in favor of public goods. Kallhoff details the benefits of public goods for any democratic state: they contribute to social inclusion, help generate the public forum, and foster national identity. These arguments are supplemented by reconsidering major counter-arguments against this approach, both from political theory and from theories on public finance. Political philosophers, political theorists, and political economists will benefit most from this perspective.