FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W1493978813> ?p ?o ?g. }

• W1493978813 endingPage "991" @default.
• W1493978813 startingPage "978" @default.
• W1493978813 abstract "The most serious problem for the modern theory of optimal public expenditure is that although it has to be based on some social welfare function, individual preferences for public goods, which constitute the elements of any individualistic social welfare function, are hard to assess. It is argued that since every individual can freely participate in the consumption of a public good, there is an incentive for him to either underreport or overreport his preferences depending on how the reported preferences are used in the financing process of the public good.I This argument will be correct if an individual's preferences for public goods can be expressed only directly. In many cases, however, the consumption of a public good has some technical or objective relationship with the consumption of some private goods. Thus, the benefit an individual derives from free highways depends on how much he spends on a car and gasoline. Even the benefit an individual derives from the judicial system depends on how much he spends to hire the services of lawyers. Also, an individual can enjoy the same security police provide by hiring private guards and installing locks, and so on. In these cases, if we know the technical relationships between the consumption of private goods and the consumption of public goods, then from the market data relating the amounts of private goods bought to prices and the data on the existing amounts of public goods, we might be able to infer (i) the amounts of final goods consumed (say the number of trips from one point to another, the degree of justice, the security from robbery, etc.), and (ii) their opportunity costs which the individual was willing to pay. But if we succeed in this inference, then all that remains to be done in order to find the individual's utility function will be to integrate back the relationship between the amounts of final goods consumed and their opportunity costs. A trivial example can be provided by assuming that each public good is perfectly substitutable with a private good. Let yi be the quantity of the ith public good and xi be the quantity of a private good which is a perfect substitute for the ith public good. Then the benefit derived from the ith public good and its perfect substitute can be measured by xi+yi. Suppose we have ascertained an individual consumer's demand functions for private good when all the yi are zero. We know from the revealed preference theory that if these demand functions satisfy a certain condition (namely the symmetry of the Slutsky matrix), then there exists a utility function unique up to a monotone transformation:" @default.
• W1493978813 created "2016-06-24" @default.
• W1493978813 creator A5048676394 @default.
• W1493978813 date "2016-01-01" @default.
• W1493978813 modified "2023-09-29" @default.
• W1493978813 title "Revealed Preference for Public Goods" @default.
• W1493978813 cites W1966503756 @default.
• W1493978813 cites W1981226924 @default.
• W1493978813 cites W1987635542 @default.
• W1493978813 cites W1990763192 @default.
• W1493978813 cites W1998819003 @default.
• W1493978813 cites W2004175816 @default.
• W1493978813 cites W2040194763 @default.
• W1493978813 cites W2071378242 @default.
• W1493978813 cites W2072369407 @default.
• W1493978813 cites W2094899857 @default.
• W1493978813 cites W2097614924 @default.
• W1493978813 cites W2314577303 @default.
• W1493978813 cites W2324071230 @default.
• W1493978813 cites W2335054039 @default.
• W1493978813 cites W2320223037 @default.
• W1493978813 hasPublicationYear "2016" @default.
• W1493978813 type Work @default.
• W1493978813 sameAs 1493978813 @default.
• W1493978813 citedByCount "11" @default.
• W1493978813 countsByYear W14939788132016 @default.
• W1493978813 countsByYear W14939788132018 @default.
• W1493978813 crossrefType "posted-content" @default.
• W1493978813 hasAuthorship W1493978813A5048676394 @default.
• W1493978813 hasConcept C100001284 @default.
• W1493978813 hasConcept C100243477 @default.
• W1493978813 hasConcept C14036430 @default.
• W1493978813 hasConcept C144024400 @default.
• W1493978813 hasConcept C144133560 @default.
• W1493978813 hasConcept C162222271 @default.
• W1493978813 hasConcept C162324750 @default.
• W1493978813 hasConcept C175444787 @default.
• W1493978813 hasConcept C178667848 @default.
• W1493978813 hasConcept C185592680 @default.
• W1493978813 hasConcept C187452473 @default.
• W1493978813 hasConcept C2779110102 @default.
• W1493978813 hasConcept C2779629923 @default.
• W1493978813 hasConcept C29122968 @default.
• W1493978813 hasConcept C30772137 @default.
• W1493978813 hasConcept C34447519 @default.
• W1493978813 hasConcept C36289849 @default.
• W1493978813 hasConcept C55493867 @default.
• W1493978813 hasConcept C78458016 @default.
• W1493978813 hasConcept C86803240 @default.
• W1493978813 hasConcept C98184364 @default.
• W1493978813 hasConcept C98343932 @default.
• W1493978813 hasConceptScore W1493978813C100001284 @default.
• W1493978813 hasConceptScore W1493978813C100243477 @default.
• W1493978813 hasConceptScore W1493978813C14036430 @default.
• W1493978813 hasConceptScore W1493978813C144024400 @default.
• W1493978813 hasConceptScore W1493978813C144133560 @default.
• W1493978813 hasConceptScore W1493978813C162222271 @default.
• W1493978813 hasConceptScore W1493978813C162324750 @default.
• W1493978813 hasConceptScore W1493978813C175444787 @default.
• W1493978813 hasConceptScore W1493978813C178667848 @default.
• W1493978813 hasConceptScore W1493978813C185592680 @default.
• W1493978813 hasConceptScore W1493978813C187452473 @default.
• W1493978813 hasConceptScore W1493978813C2779110102 @default.
• W1493978813 hasConceptScore W1493978813C2779629923 @default.
• W1493978813 hasConceptScore W1493978813C29122968 @default.
• W1493978813 hasConceptScore W1493978813C30772137 @default.
• W1493978813 hasConceptScore W1493978813C34447519 @default.
• W1493978813 hasConceptScore W1493978813C36289849 @default.
• W1493978813 hasConceptScore W1493978813C55493867 @default.
• W1493978813 hasConceptScore W1493978813C78458016 @default.
• W1493978813 hasConceptScore W1493978813C86803240 @default.
• W1493978813 hasConceptScore W1493978813C98184364 @default.
• W1493978813 hasConceptScore W1493978813C98343932 @default.
• W1493978813 hasIssue "5" @default.
• W1493978813 hasLocation W14939788131 @default.
• W1493978813 hasOpenAccess W1493978813 @default.
• W1493978813 hasPrimaryLocation W14939788131 @default.
• W1493978813 hasRelatedWork W1502710750 @default.
• W1493978813 hasRelatedWork W1502815568 @default.
• W1493978813 hasRelatedWork W1510919012 @default.
• W1493978813 hasRelatedWork W1530172293 @default.
• W1493978813 hasRelatedWork W1557575149 @default.
• W1493978813 hasRelatedWork W1588645143 @default.
• W1493978813 hasRelatedWork W1963867276 @default.
• W1493978813 hasRelatedWork W1972450826 @default.
• W1493978813 hasRelatedWork W1990292076 @default.
• W1493978813 hasRelatedWork W1998819003 @default.
• W1493978813 hasRelatedWork W2005790059 @default.
• W1493978813 hasRelatedWork W2009271372 @default.
• W1493978813 hasRelatedWork W2016869022 @default.
• W1493978813 hasRelatedWork W2029637473 @default.
• W1493978813 hasRelatedWork W2079431793 @default.
• W1493978813 hasRelatedWork W2094951588 @default.
• W1493978813 hasRelatedWork W2095519992 @default.
• W1493978813 hasRelatedWork W2148995084 @default.
• W1493978813 hasRelatedWork W2316133836 @default.
• W1493978813 hasRelatedWork W3125585323 @default.
• W1493978813 hasVolume "65" @default.

• next