Nature of human capital, technology and ownership of public goods

被引：10
|
作者：
Halonen-Akatwijuka, Maija [1 ]
机构：
[1] Univ Bristol, Bristol BS8 1TH, Avon, England
来源：
JOURNAL OF PUBLIC ECONOMICS | 2012年 / 96卷 / 11-12期
关键词：
Property rights; Public goods; Indispensability; Technology; Joint ownership; PROPERTY-RIGHTS THEORY; ASSET OWNERSHIP; HOLD-UP; CONTRACTS; GOVERNMENT;
D O I：
10.1016/j.jpubeco.2012.07.005
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Besley and Ghatak (2001) show that a public good should be owned by the agent who values the public good the most - irrespective of technological factors. In this paper we relax their assumptions in a natural way by allowing the agents to be indispensable, and we show that the relative valuations are not the sole determinant of an optimal ownership structure but also the nature of human capital and technology matter. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码：939 / 945
页数：7
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