Collective-Consumption Services of Individual-Consumption Goods

Burton A. Weisbrod

The Quarterly Journal of Economics, 1964, vol. 78, issue 3, 471-477

Abstract: Certain commodities of a pure individual-consumption variety also possess characteristics of a pure collective-consumption good, 471. — In certain cases when individual-consumption goods cannot be provided profitably by private enterprise, it may serve the social welfare to subsidize their production, 474. — Conclusion, 476.

Date: 1964
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