S-Space College of Social Sciences (사회과학대학) Institute of Economics Research (경제연구소) Seoul Journal of Economics Seoul Journal of Economics vol.09(4) (Winter 1996)
Private Provision of Price-excludable Public Goods
- Rhee, Hosaeng
- Issue Date
- Seoul Journal of Economics, Vol.9 No.4, pp. 299-320
- 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.