Market Failure, Government Failure, and the Private Supply of Public Goods: The Case of Climate-Controlled Walkway Networks
AbstractTwo opposing models of public-goods undersupply are those of 'market failure' and 'government failure.' Empirical work on the relative explanatory power of these two frameworks has been limited by the scarcity of acceptable data. The case of climate-controlled walkways in major urban cores is a rare instance where such difficulties can be overcome. The authors investigate the supply of CCWs in fifty-five large city-cores in North America. They find that (1) CCW networks are well-supplied by market forces, when (2) such forces are not frustrated by government policy. The authors also find evidence that (3) rules-based regimes dominate discretion-based regimes. These results are consistent with the position that the 'government-failure' paradigm is a viable alternative to the traditional 'market failure' paradigm. Copyright 1999 by Kluwer Academic Publishers
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 99 (1999)
Issue (Month): 3-4 (June)
Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=100332
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Katinka Pantzy & Anthony Ziegelmeyer, 2006. "Cooperative Networks: Theory and Experimental Evidence," Papers on Strategic Interaction 2005-32, Max Planck Institute of Economics, Strategic Interaction Group.
- Elinor Ostrom, 2000. "Collective Action and the Evolution of Social Norms," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 137-158, Summer.
- Skyway in Wikipedia (English)
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F. Baum).
If references are entirely missing, you can add them using this form.