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Public good - Subtypes of public goods

Public good - Subtypes of public goods: Encyclopedia II - Public good - Subtypes of public goods

One of the most common ways of looking at goods in economics, illustrated in the table below, is the classic division based on: whether there is competition involved in obtaining a given good whether it is possible to exclude a person from consumption of a given good Sometimes, club and common goods are included in the broad definition of public goods. There are always some goods that can be ar ...

Public good, Public good - Examples of public goods, Public good - Subtypes of public goods, Public good - Global public good, Public good - The free rider problem, Public good - Possible solutions to the free rider problem, Public good - Dominant assurance contracts, Public good - Coasian solution, Public good - Government provision, Public good - Subsidies, Public good - Privileged group, Public good - Merging of free riders, Public good - Legislated exclusion, Public good - Non-individualism, Public good - Efficient production levels of public goods, Public good - Criticism of public goods theory, Public good - Empirical discrepancies with public goods theory, Public good - Subjective value criticisms, Public good - Assumptions regarding government provision, Public good - Normative criticism, Public good - External sources

Public good, Public good - Assumptions regarding government provision, Public good - Coasian solution, Public good - Criticism of public goods theory, Public good - Dominant assurance contracts, Public good - Efficient production levels of public goods, Public good - Empirical discrepancies with public goods theory, Public good - Examples of public goods, Public good - External sources, Public good - Global public good, Public good - Government provision, Public good - Legislated exclusion, Public good - Merging of free riders, Public good - Non-individualism, Public good - Normative criticism, Public good - Possible solutions to the free rider problem, Public good - Privileged group, Public good - Subjective value criticisms, Public good - Subsidies, Public good - Subtypes of public goods, Public good - The free rider problem, Collective action, Common-pool Resources / Common property Resources, Externalities, Global public good, Lindahl equilibrium, Natural monopoly, Public Choice, Public goods game

Public good: Encyclopedia II - Public good - Subtypes of public goods

Public good - Subtypes of public goods

One of the most common ways of looking at goods in economics, illustrated in the table below, is the classic division based on:

whether there is competition involved in obtaining a given good
whether it is possible to exclude a person from consumption of a given good

Sometimes, club and common goods are included in the broad definition of public goods. There are always some goods that can be argued to belong in more than one of the above categories.

Common goods should not be confused with another subtype of public goods: the collective goods (also known as social goods), which are defined as goods that could be delivered as private goods, but are delivered instead by the government for various reasons (usually social policy) .

Public good - Global public good

A global public good is a good which has the characteristics of a public good worldwide. This concept is an extension of public goods to the economics of globalisation. Knowledge is held to be an example of a global public good.

Other related archives

Americans with Disabilities Act, Assurance contracts, Coase theorem, Coase's Penguin, Coase, Ronald, Collective action, Common-pool Resources / Common property Resources, Externalities, Free rider problem, Global public good, Hans Hermann Hoppe, Joseph Schumpeter, Knowledge, Libertarians, Lindahl equilibrium, Linux, Natural monopoly, Non-excludable, Non-rivalrous, Pareto-optimal, Public Choice, Public goods game, Ronald Coase, Samuelson condition, Stephen King, TV, The Lighthouse in Economics, Wikipedia, air pollution, arbitrage, authorship, broadcasters, business models, car, catalytic converter, chauvinism, clean air, club goods, collective action, collective goods, competitive, complement goods, copyright, creative destruction, cronyism, defense, democracy, dominant assurance contract, economics, efficient, ethical, ethnic, externalities, fireworks, free market, free rider problem, globalisation, good, governments, homeowners associations, homo economicus, information goods, intellectual property, intrinsic motivation, invention, law enforcement, lighthouse, lighthouses, marginal cost, market failure, military-industrial complex, monopoly, national defense, nationalism, non-individualism, normative, orphan drugs, patents, patriotism, positive, price discrimination, principal agent problems, private good, private sector, privileged group, profit, property rights, public finance, public radio, ransom, religious, rent seeking, road pricing, scarcity, social goods, social policy, software development, states, street light, street lights, street performer protocol, subsidize, taxation, tradition, transaction costs, value, wiki

Adapted from the Wikipedia article "Subtypes of public goods", under the G.N U Free Docmentation License. Please also see http://en.wikipedia.org/wiki

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