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Private Provision of Price-excludable Public Goods
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- Authors
- Issue Date
- 1996-10
- Citation
- Seoul Journal of Economics, Vol.9 No.4, pp. 299-320
- Keywords
- monopolistic provision ; private good-analog ; thirf degree price
- Abstract
- We examine the problem of monopolistic provision of a price excludable public good. Characterization and comparison of uniform pricing and third-degree price discrimination are made to derive the lower and upper bounds for the welfare change. In contrast to a private-good analog, it is shown that, in most cases, for welfare to increase it is sufficient but not necessary that total output increases.
- ISSN
- 1225-0279
- Language
- English
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