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The Voluntary Provision of Public Goods? The Turnpike Companies of Early America

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  • Klein, Daniel B.

Abstract

The turnpike companies of early America (roughly 1795-1840) were very unprofitable but conferred vast benefits to communities served. Purchases were necessary to complete the road and unprofitability was foreseen. Thus the turnpikes would appear to have been public goods. Yet hundreds of turnpikes were provided through voluntary association. The free rider problem was overcome by an almost vigilant impulse to participate and to see that your neighbor did likewise.Â

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Bibliographic Info

Paper provided by University of California Transportation Center in its series University of California Transportation Center, Working Papers with number qt2587p3z1.

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Date of creation: 01 Oct 1990
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Handle: RePEc:cdl:uctcwp:qt2587p3z1

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References

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  1. Dawes, Robyn M & Thaler, Richard H, 1988. "Anomalies: Cooperation," Journal of Economic Perspectives, American Economic Association, vol. 2(3), pages 187-97, Summer.
  2. Bohm, Peter, 1972. "Estimating demand for public goods: An experiment," European Economic Review, Elsevier, vol. 3(2), pages 111-130.
  3. Gary S. Becker, 1974. "A Theory of Social Interactions," NBER Working Papers 0042, National Bureau of Economic Research, Inc.
  4. Brubaker, Earl R, 1975. "Free Ride, Free Revelation, or Golden Rule?," Journal of Law and Economics, University of Chicago Press, vol. 18(1), pages 147-61, April.
  5. Coase, R H, 1974. "The Lighthouse in Economics," Journal of Law and Economics, University of Chicago Press, vol. 17(2), pages 357-76, October.
  6. Sugden, Robert, 1984. "Reciprocity: The Supply of Public Goods through Voluntary Contributions," Economic Journal, Royal Economic Society, vol. 94(376), pages 772-87, December.
  7. Peter Bohm, 1972. "Estimating the demand for public goods: An experiment," Framed Field Experiments 00126, The Field Experiments Website.
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Citations

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Cited by:
  1. Gabriel García Morales, 2011. "Opportunistic renegotiation of infrastructure concessions as rent seeking: the effect of legal systems Gabriel Garcia Morales," REVISTA ECONOMÍA & REGIÓN, UNIVERSIDAD TECNOLÓGICA DE BOLÍVAR.
  2. Fielding, Gordon J. & Klein, Daniel B., 1993. "How To Franchise Highways," University of California Transportation Center, Working Papers qt79z9x6fs, University of California Transportation Center.
  3. Klein, Daniel B. & Yin, Chi, 1994. "The Private Provision of Frontier Infrastructure: Toll Roads in California, 1850-1902," University of California Transportation Center, Working Papers qt3bc2s8vk, University of California Transportation Center.
  4. Laurent Carnis, 2013. "The provision of lighthouses services: a political economy perspective," Public Choice, Springer, vol. 157(1), pages 51-56, October.
  5. Levinson, David, 1997. "Case Study: Road Pricing In Practice," Institute of Transportation Studies, Research Reports, Working Papers, Proceedings qt0w06s4n2, Institute of Transportation Studies, UC Berkeley.
  6. M Koyama, 2011. "Prosecution Associations in Industrial Revolution England: Private Providers of Public Goods?," Centre for Historical Economics and Related Research at York (CHERRY) Discussion Papers 11/01, CHERRY, c/o Department of Economics, University of York.
  7. Caplan, Bryan & Stringham, Edward, 2003. "Networks, law, and the paradox of cooperation," MPRA Paper 26086, University Library of Munich, Germany.
  8. Petrie, Ragan & Jacobson, Sarah, 2013. "Favor Trading in Public Good Provision," Department of Economics Working Papers 2013-03, Department of Economics, Williams College.
  9. Dan Bogart, 2012. "Profiting from Public Works: Financial Returns to Infrastructure and Investment Strategies during Britain's Industrial Revolution," Working Papers 121304, University of California-Irvine, Department of Economics.
  10. David Levinson, 2001. "Road Pricing in Practice," Working Papers 199903, University of Minnesota: Nexus Research Group.
  11. Shilony, Yuval, 2000. "Diversity and ingenuity in voluntary collective action," European Journal of Political Economy, Elsevier, vol. 16(3), pages 429-443, September.
  12. Dan Bogart & John Majewski, 2008. "Two Roads to the Transportation Revolution: Early Corporations in the United Kingdom and the United States," NBER Chapters, in: Understanding Long-Run Economic Growth: Geography, Institutions, and the Knowledge Economy, pages 177-204 National Bureau of Economic Research, Inc.

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