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The Voluntary Provision of Public Goods? The Turnpike Companies of Early America

Daniel Klein

University of California Transportation Center, Working Papers from University of California Transportation Center

Abstract: The turnpike companies of early America (roughly 1795-1840) were very unprofitable but conferred vast benefits to communities served. Purchases were necessary to complete the road and unprofitability was foreseen. Thus the turnpikes would appear to have been public goods. Yet hundreds of turnpikes were provided through voluntary association. The free rider problem was overcome by an almost vigilant impulse to participate and to see that your neighbor did likewise.

Keywords: Architecture (search for similar items in EconPapers)
Date: 1990-10-01
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Citations: View citations in EconPapers (41)

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Related works:
Journal Article: The Voluntary Provision of Public Goods? The Turnpike Companies of Early America (1990)
Working Paper: The Voluntary Provision of Public Goods? The Turnpike Companies of Early America (1990) Downloads
Working Paper: THE VOLUNTARY PROVISION OF PUBLIC GOODS? THE TURNPIKE COMPANIES OF EARLY AMERICA (1989)
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