Shadbegian, Ronald John; Ott, Attiat F. - In: Public Finance Review 29 (2001) 3, pp. 233-253
In 1972, Oakland presented a formal theory of congestible public goods. One implication of the Oakland model is that the marginal benefit of consuming a congestible public good, like public education, depends on both the level of congestion and the capacity of provision. This study uses a...