AbstractThe efficiency of âquasimarketsââdecentralized public goods provision subjected to Tiebout competitionâis a staple of public choice conventional wisdom. Yet in the 1990s a countermovement in political economy called âneoconsolidationismâ began to challenge this wisdom. The neoconsolidationists use the logic of government failure central to public choice economics to argue that quasimarkets fail and that jurisdictional consolidation is a superior way to supply public goods and services in metropolitan areas. Public choice scholars have largely ignored the neoconsolidationistsâ challenge. This paper brings that challenge to public choice scholarsâ attention with the hope of encouraging responses. It also offers some preliminary thoughts about the directions such responses might take.
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Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 149 (2011)
Issue (Month): 1 (October)
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Web page: http://www.springerlink.com/link.asp?id=100332
Quasimarkets; Polycentric; Consolidation; Tiebout; Neoconsolidationism; Metropolitan; Governance; Public goods;
Other versions of this item:
- D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
- H44 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Goods: Mixed Markets
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