A Comment on The Role of Prices for Excludable Public Goods
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https://www.nber.org/papers/w12535
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Blomquist and Christensen (2005) argue that welfare is initially decreasing in the price of an excludable public good and that the case for a positive price for an excludable public good price is weak. We argue that this result follows from their particular characterization of the public good and
提供机构：
美国国家经济研究局
创建时间：
2006-09-01
