All “NG†up an Clubs?/ some Notes on the Current Status of Club Theory

Geoffrey Brennan and Marilyn Flowers
Additional contact information
Marilyn Flowers: University of Oklahoma

Public Finance Review, 1980, vol. 8, issue 2, 153-169

Abstract: This article aims to analyze two aspects of the theory of clubs which are currently matters of some controversy: the question of optimal club size and the distinction between clubs and firms. Both aspects become of interest when the optimal number of clubs is small relative to population. In the case where population is relatively large, the original Buchanan determination of "optimal" club size is essentially correct, but there is no substantive difference between clubs and firms. In the case where optimal club size is relatively large, the Ng criticism of Buchanan's analysis is somewhat more appropriate— though, as we show, only strictly valid in one rather special case. In this quasi-monopoly setting, the distinction between clubs and firms becomes substantive, and is explored in this article under plausible assumptions.

Date: 1980
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/109114218000800202 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:8:y:1980:i:2:p:153-169

DOI: 10.1177/109114218000800202

Access Statistics for this article

More articles in Public Finance Review
Bibliographic data for series maintained by SAGE Publications ().