This Background Report has been produced as part of the study on “Development of statistical data on the European security technological and industrial base” commissioned by the European Commission within the Framework Contract on Security (ENTR/09/050) between the European Commission and a...

We state efficiency conditions for the provision of congestable local public goods that diminish individual-specific proprietary risks. The optimum level of such a public service is determined by equating the sum of the reductions of the expected property losses due to a better service level...