Das Äquivalenzprinzip, auch Nutzen-, Vorteils- oder Interessenprinzip (benefit principle) genannt, besagt, daß die Staatsbürger gemäß dem erhaltenen Nutzen, dem realisierten Vorteil oder dem erreichten Grad an Interessenbefriedigung zur Finanzierung der staatlichen Leistungen beitragen...

In a paper delivered at the December 1955 meeting of the Econometric Society, Paul Samuelson noted that though economists had done "work of high quality and great quantity in the field of taxation," the theory of public expenditure had been "relatively neglected" (1958, 332). Anglo-American...

We develop a two-region model where the decentralized provision of spillover goods can be financed by means of taxes or user fees. In order to enforce the fees regions have to invest in exclusion. We show that a decentralized solution tends to be inefficient. There will be over-investment in...