The economic theory of clubs. Some clarifications

Research output: Contribution to journalArticlepeer-review

Abstract

We provide a classification of club models and relate differences in implications to differences in assumptions. Then we address two main controversies - one concerning the optimality of market provisions of public goods and their optimality and the other concerning the desirability of segregation.

Original languageEnglish
Pages (from-to)343-348
Number of pages6
JournalEconomics Letters
Volume10
Issue number3-4
DOIs
StatePublished - 1982

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