A utilitarian approach to the provision and pricing of exclu…
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- OpenAlex ID W2237899504
- Type Report
- Language EN
- Published 10 Dec 2003
- Source MADOC (University of Mannheim)
- Publisher University of Mannheim
- Countries 1
- Institutions 2
- Added 10 Oct 2025
- Updated 09 Sep 2026
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A utilitarian approach to the provision and pricing of excludable public goods
Report 2003 EN
The paper studies utilitarian welfare maximization in a model with an excludable public good where individual preferences are private information. If inequality aversion is large, optimal allocations involve the use of admission fees and exclusion to redistribute resources from people who benefit a lot from the public good to people who benefit little. If inequality aversion is close to zero, opti…
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UN Sustainable Development Goals
1 SDGsAuthors & Affiliations
1 authors| # | Author | Institutions | ORCID |
|---|---|---|---|
| 1 | Martin Hellwig Corresponding | Max Planck Society (DE) Max Planck Institute for Behav… (DE) |
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