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Responsibility goods - exploring a possible definition

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  • Stefan Mann

Abstract

Goods which are purchased for the sake of society as a whole or for the sake of groups or individuals perceived as needy may be defined as responsibility goods. This paper explores the potential usefulness of such a definition. Previous definitions like Veblen goods or public goods have been useful in describing goods that did not violate certain general assumptions of economic theory. Responsibility goods violate assumptions related to quantification and price so that the introduction of this term, including its definition, would add value to the economic discourse.

Suggested Citation

  • Stefan Mann, 2015. "Responsibility goods - exploring a possible definition," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 7(3), pages 220-230.
  • Handle: RePEc:ids:ijsuse:v:7:y:2015:i:3:p:220-230
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    Cited by:

    1. Stefan Mann, 2016. "Governing complementary responsibility goods through hybrid systems in a globalizing world," Journal of Socio-Economics in Agriculture (Until 2015: Yearbook of Socioeconomics in Agriculture), Swiss Society for Agricultural Economics and Rural Sociology, vol. 9(1), pages 14-21.

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