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Books > Business & Economics > Business & management > Ownership & organization of enterprises > Public ownership / nationalization
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A New Approach to the Economics of Public Goods (Paperback)
Loot Price: R780
Discovery Miles 7 800
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A New Approach to the Economics of Public Goods (Paperback)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 19 working days
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Public goods are typically defined only in reference to the good
itself but, as this book argues, the public goods can be better
understood if contextual variables are incorporated. This book
discusses the production and provision of public goods. It asserts
that changes related to public goods are better understood if the
category of goods are not decided solely by the properties of the
good itself. We also need to focus on how the enabled utility of a
good is influenced by the production and the provision of the good.
The book opens with a brief introduction to common conceptions of
public goods and a review of the existing literature - highlighting
the limitations of current definitions of public goods. It presents
a new multi-layered approach to public goods. This has implications
for the discourse on public goods and for our understanding of the
societal and environmental impact of public goods. The implications
are illustrated in several areas; public goods in ancient history,
privatization, innovation, competitiveness and prices, democracy
and political standards, and economic growth. The book provides a
provocative argument for a new way to analyze public goods which
will appeal to scholars and students interested in the economic
analysis of public goods, arguments regarding the privatizing or
nationalizing of production and services, and method of modelling
and measuring sustainable business activities.
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