AbstractThe efficiency of “quasimarkets”—decentralized public goods provision subjected to Tiebout competition—is a staple of public choice conventional wisdom. Yet in the 1990s a countermovement in political economy called “neoconsolidationism” 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 neoconsolidationists’ challenge. This paper brings that challenge to public choice scholars’ 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 InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 33068.
Date of creation: 2011
Date of revision:
Public Goods; Quasimarkets;
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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-09-05 (All new papers)
- NEP-HME-2011-09-05 (Heterodox Microeconomics)
- NEP-MIC-2011-09-05 (Microeconomics)
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- Randall Holcombe & DeEdgra Williams, 2011. "The cartelization of local governments," Public Choice, Springer, vol. 149(1), pages 65-74, October.
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