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Exact Aggregation and the Demand for Public Goods

Journal of Economic Studies

ISSN: 0144-3585

Article publication date: 1 April 1992

Abstract

Extends Mäler′s notion of weak complementarity between a private good and a public good to non‐homothetic demand functions which can be exactly aggregated. Aggregate demand functions depending on private prices, public good quantities and income distribution statistics can then be used to recover the private individual demand functions which reveal an individual′s willingness to pay for public goods.

Keywords

Citation

Weber, W.L. (1992), "Exact Aggregation and the Demand for Public Goods", Journal of Economic Studies, Vol. 19 No. 4. https://doi.org/10.1108/01443589210021398

Publisher

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MCB UP Ltd

Copyright © 1992, MCB UP Limited