Completing Ostrom’s Table : A Note on the Taxonomy of Goods

A framework is proposed to subsume public goods and common-pool resources, respectively, as specific cases of positive and negative externalities. A pure public good is a positive externality whose appropriable benefits are too small or too uncertain relative to the high private cost for anyone to produce it in any amount. The common-pool problem is a case where each agent’s action imposes a negative externality on everyone else.

MoreLess

Year of publication:	2015-03
Authors:	de Dios, Emmanuel S.
Institutions:	School of Economics, University of the Philippines at Diliman
Subject:	public goods \| common-pool resources \| positive and negative externalities

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	UP School of Economics Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Published as UPSE Discussion Paper No. 2015-03, March 2015 Number 201503 8 pages
Classification:	D61 - Allocative Efficiency; Cost-Benefit Analysis ; D62 - Externalities ; H41 - Public Goods ; H42 - Publicly Provided Private Goods
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011261255