Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Public Goods, Externalities and the City
We explain the concept of public goods as understood in economics. That is, non-rivalrous and non-excludable goods as opposed to rivalrous and excludable private goods. We also explain the concept of externality as the effect on society as a whole. We show how markets cannot effectively provide neither public goods nor goods that involve externalities. We argue that cities, as a tangle of public goods and externalities, need effective governance and thus regulation.
Public Goods, Externalities and the City
We explain the concept of public goods as understood in economics. That is, non-rivalrous and non-excludable goods as opposed to rivalrous and excludable private goods. We also explain the concept of externality as the effect on society as a whole. We show how markets cannot effectively provide neither public goods nor goods that involve externalities. We argue that cities, as a tangle of public goods and externalities, need effective governance and thus regulation.
Public Goods, Externalities and the City
SpringerBriefs in Architectural Design and Technology
Guillen, Pablo (Autor:in) / Komac, Urša (Autor:in)
31.05.2020
3 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
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