Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and … and user-cost structure. Our results emphasize the role of congestion in determining this optimal financing structure and …, depending upon the degree of congestion. We extend the model to allow for monopoly pricing of the user fee by the government …

Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and … and user-cost structure. Our results emphasize the role of congestion in determining this optimal financing structure and …, depending upon the degree of congestion. We extend the model to allow for monopoly pricing of the user fee by the government …

Many public goods are characterized by rivalry and/or excludability. This paper introduces both non-excludable and … and user-cost structure. Our results emphasize the role of congestion in determining this optimal financing structure and …, depending upon the degree of congestion. We extend the model to allow for monopoly pricing of the user fee by the government …

with congestion. It is shown that the optimal amount of governmental input diminishes with uncertainty and that the optimal … deterministic congestion models, but also on the degree of risk aversion. …