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Public Goods and the Technology of Consumption: A Correction

Agnar Sandmo

Norwegian School of Economics

Review of Economic Studies 1975 open access

Parts II-IV of [1] are concerned with the simple case where there is a one-to-one-to-one relationship between private goods, public goods and final goods. Section V attempts to generalize the analysis in this respect by allowing for the fact that it will typically be the case that a private or a public good enters into several production functions for final goods. Let there be n final goods, q private goods and t public goods, and consider the following two alternative versions of consumers' production functions for final goods:

DOI
10.2307/2296830
Volume
42 (1)
Pages
167
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