The Demand and Supply of Public Goods

agreement allocation alternative analysis analyzed arise assume assumption behavior benefits Caio's Chapter characteristics Charles Plott choice considered construction consumption components consumption units contract locus criteria decision rule demand derived discussion distribution economist efficiency emerge equal examine exchange external economies Figure fiscal free rider problem Gordon Tullock income independent indifference curves individual indivisibility institutions interaction joint supply Knut Wicksell large-number limited lines of optima Mancur Olson marginal cost marginal evaluation curve marginal prices normative numeraire optimal organization outcomes outlay Pareto Pareto-optimal political position possible predicted preferences private-goods problem production proposal Public Finance public-goods purely private purely public Q₁ quantity real-world relative relevant Sempronio sense separate share shift small-number social welfare function structure suggests supply of public tax-sharing arrangements tax-sharing scheme tend theory of public tion Tizio and Caio trading equilibrium two-good two-person utility functions variables welfare economics wholly Wicksell Wicksellian