An Anthology Regarding Merit Goods
The Unfinished Ethical Revolution in Economic Theory

 

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An Anthology Regarding Merit Goods
The Unfinished Ethical Revolution in Economic Theory

by Wilfried Van Eecke (Author)

 

Hardback

ISBN: 9781557534286

 

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Merit Goods are those goods and services that the government feels that people will under-consume and which therefore ought to be subsidized or provided free at the point of use. This is a collection of articles and papers that covers the issue of merit goods from a variety of perspectives.


Merit Goods are those goods and services that the government feels that people will under-consume and which therefore ought to be subsidized or provided free at the point of use. The consumption of merit goods is thought to generate positive externality effects where the social benefit from consumption exceeds the private benefit. Examples of merit goods are health services, education, public libraries, and inoculations against certain diseases. Van Eecke has assembled a collection of articles and papers that covers the issue of merit goods from a variety of perspectives and has provided a single source for researchers and economist interested in the issue. The work begins with a thorough look at Musgrave's notion of merit goods. The subsequent sections expand the definition of merit goods and provide information on the application of merit goods theory in economic, philosophical, social, and religious terms. The reference also has an extensive bibliography.


 

ISBN 1557534284
ISBN13 9781557534286
Publisher Purdue University Press
Format Hardback
Publication date 15/03/2007
Pages 800
Weight (grammes) 1280
Published in United States
Height (mm) 229
Width (mm) 152

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