Segmentation in the public sector – a reality or a chimera
AbstractThe article studies the theoretical restrictions of public sector segmentation, derived from the concept of the purely public good, as well as from the views on revealing the public preferences thereto. It also highlights the weaknesses of the allocation efficiency and the available dialectical connection between it and the Oeyts theorem. It analyses statements of authors, pointing out the necessity to investigate the needs and to improve the public goods accordingly.
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Bibliographic InfoArticle provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Thought.
Volume (Year): (2012)
Issue (Month): 5 ()
Find related papers by JEL classification:
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
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- Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416.
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