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Welfare Criteria, Pricing and Decentralization of a Public Service

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  • Julius Margolis

Abstract

Introduction, 448. — I. Alternative pricing policies, 449. — II. Actual pricing practices and possibilities of introducing an efficient scheme, 453. — III. Requirement of financial feasibility and efficient pricing possibilities, 459. — IV. Conclusion, 462.

Suggested Citation

  • Julius Margolis, 1957. "Welfare Criteria, Pricing and Decentralization of a Public Service," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 71(3), pages 448-463.
    • Handle: RePEc:oup:qjecon:v:71:y:1957:i:3:p:448-463.
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    Cited by:

    1. Alain Marciano, 2018. "From Highway to Clubs: Buchanan and the Pricing of Public Goods," Post-Print hal-02550420, HAL.
    2. Alain Marciano, 2021. "James Buchanan: Clubs and Alternative Welfare Economics," Post-Print hal-03326422, HAL.

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