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- W2993237505 abstract "The theory of public goods is largely irrelevant to their management and governance. It is highly normative but is unused in the policy area. It remains centred on highly idealized and dichotomized characteristics (non-rivalrousness and non-excludability) of public goods despite important theoretical progress in the last twenty years. It is suggested that public goods are as much social as technological constructions, but there is no explanation of how such goods come into existence. It is argued that they are often subject to evolution that changes the balance of their characteristics between being public or private goods. Present theory bears little relationship to the governmental budgetary processes assumed necessary to finance such goods, yet all management and maintenance costs, often high enough to deter such funding, are ignored. While there is recognition that the intensive use of a public good often imposes costs directly upon users, there is no corresponding recognition either that inappropriat..." @default.
- W2993237505 created "2019-12-13" @default.
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- W2993237505 date "1999-01-01" @default.
- W2993237505 modified "2023-09-26" @default.
- W2993237505 title "The Creation, Maintenance and Governance of Public Goods and Free Goods" @default.
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- W2993237505 doi "https://doi.org/10.1080/14719039900000009" @default.
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