哈维罗森 财政学 第六版 Chap04 Public Goods.pptVIP

Chapter 4 - Public Goods Public Goods Defined Pure public goods share two characteristics Nonrival – Cost of another person consuming the good is zero Nonexcludable – Very expensive to prevent others from consuming the good Examples of public and private goods Public Goods National defense House cleaning in an apartment with many roommates Fireworks display Music file sharing Uncongested freeway Private goods Pizza Health care Congested freeway Public housing Valuation of public goods Everyone consumes same quantity of public good Marginal benefit of public good varies by person In the housecl