The Public Goods Theory Revisited

Abstract

Professor Kingma has presented us with a useful retrospective on Burton Weisbrod’ influential 1975 paper and some of the work that followed from it. My aim in this set of comments is to provide an alternative perspective on some of that work, and to point out an additional literature, which I think can be considered a legitimate heir to the Weisbrod work, and which the Kingma retrospective neglects.