Koenig, Tobias; Lausen, Tobias - Wirtschaftswissenschaftliche Fakultät, Leibniz … - 2013
This paper shows that public provision of private goods may be justified on pure efficiency grounds in an environment … sufficient conditions where public provision of private goods is always part of the optimal policy mix, even when consumption … taxes are available. In fact, with public provision of private goods, there are cases where the first-best allocation can be …