EconPapers    
Economics at your fingertips  
 

A la recherche des Merit Goods

Elodie Brahic, Valérie Clément, Nathalie Moureau and Marion Vidal

Working Papers from LAMETA, Universtiy of Montpellier

Abstract: Musgrave’s so-called merit goods, introduced in 1957, intend to deal with the situations where the social weight or concern of a good differs from the information given by individual preferences. Merit goods are often referred to as a case for government intervention in education, health care or biodiversity protection policies…. But the theoretical roots of this concept seem a bit fuzzy and are, at best, very controversial. To put it crudely, what –if anything- can justify that government choices rule out individual choices? The paper tries to answer this question. What role do merit goods play in economic theory? The first part of the paper defines the concept of merit good and emphasizes the theoretical issues at stake. The second part studies in what way the concept of merit good can be compatible with economic theory. We show, in particular, how this concept fits well with the development related to individual decision making theory, known as behavioural economics.

Pages: 20 pages
Date: 2008-06, Revised 2008-06
New Economics Papers: this item is included in nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.lameta.univ-montp1.fr/Documents/DR2008-08.pdf First version, 2008 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to www.lameta.univ-montp1.fr:80 (No such host is known. )

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:lam:wpaper:08-08

Access Statistics for this paper

More papers in Working Papers from LAMETA, Universtiy of Montpellier Contact information at EDIRC.
Bibliographic data for series maintained by Patricia Modat ( this e-mail address is bad, please contact ).

 
Page updated 2024-03-31
Handle: RePEc:lam:wpaper:08-08