第35章讲义.pptVIP

Chapter Thirty-Five Public Goods 公共物品 Structure Definition When to provide a public good Efficient provision Private provision: free-riding Variable quantities of public good Efficient amount Free-riding problem How to provide public goods? Demand revelation Public Goods -- Definition A good is purely public if it is both nonexcludable (非排他性)and nonrival(非争性) in consumption. Nonexcludable -- all consumers can consume the good. Nonrival -- each consumer can consume all of the good. Public Goods -- Examples Broadcast radio and TV programs. National defense. Public highways. Reductions in air pol