Collective-Consumption Services of Individual-Consumption Goods
@article{Weisbrod1964CollectiveConsumptionSO,
title={Collective-Consumption Services of Individual-Consumption Goods},
author={Burton A. Weisbrod},
journal={ERN: Allocative Efficiency; Cost-Benefit Analysis; Externalities (Topic)},
year={1964}
}Certain commodities of a pure individual-consumption variety also possess characteristics of a pure collective-consumption good, 471. — In certain cases when individual-consumption goods cannot be provided profitably by private enterprise, it may serve the social welfare to subsidize their production, 474. — Conclusion, 476.
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