The economic discussion on public goods is inevitably connected to their role and place in market economies. Public goods—those that are non-excludable and non-rivalrous by nature—pose a fundamental challenge to market-based systems of allocation, which rely on price signals and private ownership to regulate access and distribution.

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Economic and Financial Perspectives on Public Goods

  • Roberto Rocco

摘要

The economic discussion on public goods is inevitably connected to their role and place in market economies. Public goods—those that are non-excludable and non-rivalrous by nature—pose a fundamental challenge to market-based systems of allocation, which rely on price signals and private ownership to regulate access and distribution.