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Private Provision of Price-excludable Public Goods

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Authors
Rhee, Hosaeng
Issue Date
1996
Publisher
Seoul Journal of Economics
Citation
Seoul Journal of Economics 9 (No. 4 1996): 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
URI
http://hdl.handle.net/10371/1091
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.09(4) (Winter 1996)
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