Research

"Public Goods": An Exercise in Calibration


Reference:

Hudson, J. and Jones, P., 2005. "Public Goods": An Exercise in Calibration. Public Choice, 124 (3-4), pp. 267-82.

Related documents:

This repository does not currently have the full-text of this item.
You may be able to access a copy if URLs are provided below.

Abstract

This paper considers a measure of the "publicness" of goods and services implicit in responses that individuals make when asked about public sector spending. At the limit, all consumers consume equal amounts of a public good. Thus any differences between an individual's self-interest preferences and public-interest preferences cannot be based on differential provision, but only on differences in the individual's public- and self-interest utility functions. If we rule out the latter, self-interest and public-interest preferences for a pure public good are identical. Using sample survey data it is possible to calibrate the public good content of different public goods.

Details

Item Type Articles
CreatorsHudson, J.and Jones, P.
Uncontrolled Keywordsrent-seeking, and voting behavior (d720), elections, models of political processes, legislatures, public goods (h410)
DepartmentsFaculty of Humanities & Social Sciences > Social & Policy Sciences
Faculty of Humanities & Social Sciences > Economics
RefereedYes
StatusPublished
ID Code9965

Export

Actions (login required)

View Item