Pure public goods, as defined by Paul Samuelson, are well understood. However, Burton Weisbrod argues that a substantial number of private goods have public good attributes. Among the goods mentioned by Weisbrod are visits to a park or hospital. These goods have two important attributes:...

The economic aspects of the medical care market are not easily analyzed with traditional economic theory. In this article, a relatively recent revision of the traditional theory of consumer choice is used to analyze some of the phenomena that have been observed in this market. The comparative...

This paper focuses on the demand for library services by nonresidents of the community which finances the library. For several middle-size metropolitan areas in New York, it is shown that nonresidents contribute substantially to the financial burden of supporting a library. In addition, while...

This study explores why registered nurses employed in nonprofit nursing homes earn higher wages than those employed in proprietary facilities. Previous studies have explained this finding in a property rights context, where higher wages were posited to result from the weaker incentives for cost...