Education and the Characteristics of Public Goods. Overlaps and Differences

Autor:	Tatiana MOŞTEANU, Georgiana Camelia CREŢAN
Jazyk:	angličtina
Rok vydání:	2011
Předmět:	education public goods mixed goods merit goods private goods externalities Business HF5001-6182 Economic theory. Demography HB1-3840 Economics as a science HB71-74
Zdroj:	Theoretical and Applied Economics, Vol XVIII, Iss 9, Pp 33-40 (2011)
Druh dokumentu:	article
ISSN:	1841-8678 1844-0029
Popis:	This paper aims to identify characteristics of the good education, particularly higher education, in terms of pure public goods, mixed goods and merit goods, starting from classical and neoclassical theories on public goods. The experience of several economists showed that the nature of the good education is not seen strictly according to its intrinsic characteristics, but also in relation to the functions and benefits released. So, the conclusion of our study shows that education, particularly higher education, meets limited aspects of pure public goods (non-rivalry and nonexclusion property) in terms of functions performed.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/124be1182b89495ba420e950deb8652b Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF