Philosophy Dictionary of ArgumentsHome
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| Social goods: Social goods are things that benefit society as a whole. They are typically things that are essential for human well-being, such as clean air, clean water, healthcare, and education. Social goods can also include things like environmental protection, social justice, and economic equality. See also Equality, Society, Community, Welfare state, Education, Education policy._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Economic Theories on Social Goods - Dictionary of Arguments
Mause I 275 Public goods/Economic theories: Problem: because of the free rider problem (the use of public goods by non-paying members) the value of public goods cannot be determined. >Public Goods/Samuelson. Solution: Suggestion: certain incentive mechanisms should encourage individuals to disclose their true willingness to pay. (Clarke 1971 (1), Groves & Loeb 1975 (2)) VsClarke/VsGrove/VsLoeb: Problem: 1. unwanted side effects due to the high complexity, 2. there are infinitely many Pareto optima, since the sum of the marginal willingness to pay depends on the distribution positions of the individuals in the society. Mause I 276 Public Goods/Economic theories: in a world of distorting taxes, the expenditure side cannot be viewed without the revenue side. The optimal supply of public goods then depends on which taxes can be used and to what extent these taxes lead to welfare losses due to their incentive-distorting effect. Solution/Browning/Dahlby: the marginal costs of public goods are multiplied by one that represents the marginal costs of public funds.(3)(4)(5) For counter arguments see >Public Goods/Kaplow. 1. Edward H. Clarke. 1971. Multipart pricing of public goods. Public Choice 11 (1): 17– 33. 2.Theodore Groves & Martin Loeb. 1975. Incentives and public inputs. Journal of Public Economics 4: 211– 226. 3. Edgar K. Browning, 1976. The marginal cost of public funds. Journal of Political Economy 84: 283– 298. 4. Bev Dahlby, 2008. The marginal cost of public funds: Theory and applications. Cambridge, MA 5. Charles L. Ballard & Don Fullerton. 1992. Distortionary taxes and the provision of public goods. Journal of Economic Perspectives 6( 3): 117– 131._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Economic Theories Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
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> Counter arguments against Economic Theories
> Counter arguments in relation to Social Goods
Ed. Martin Schulz, access date 2024-04-25