Hulett, Joe R.; Robert B. Eke Lund Jr.; Crain, W. Mark - In: Public Finance Review 4 (1976) 1, pp. 45-55
In this paper, the authors examine some important unsettled issues in the theory of public goods supply. In particular, certain conclusions and inferences drawn by Professor Demsetz from his “competitive†model of public goods provision are critically examined. First, the equilibrium...