Accéder directement au contenu Accéder directement à la navigation
Article dans une revue

James Buchanan: Clubs and Alternative Welfare Economics

Abstract : Buchanan did not write “An Economic Theory of Club” to complement Samuelson’s analysis of public goods, but to develop a radically different, form of welfare economics – in which there is no social welfare function and individual utility functions cannot be “read” by external observers. It was the perspective Buchanan adopted to analyze the pricing of public goods and services, and from which he also envisaged clubs. The main feature Buchanan attributed to clubs was to implement a condition that made no sense in Samuelson’s framework but that was crucial in Buchanan’s and clubs made Samuelson’s collective condition useless. Buchanan and Samuelson disagreed over the allocation of the costs of the public good on each individual. To Buchanan, it was by relying on individual’s preferences. To Samuelson, by using a social welfare function. This has not much to do with the nature of the good, its “physical properties” to use Buchanan’s words.
Type de document :
Article dans une revue
Liste complète des métadonnées

https://hal.umontpellier.fr/hal-03326422
Contributeur : Alain Marciano Connectez-vous pour contacter le contributeur
Soumis le : jeudi 26 août 2021 - 07:06:57
Dernière modification le : jeudi 19 mai 2022 - 16:04:07
Archivage à long terme le : : samedi 27 novembre 2021 - 18:19:32

Fichier

jep.35.3.243.pdf
Fichiers produits par l'(les) auteur(s)

Identifiants

Collections

Citation

Alain Marciano. James Buchanan: Clubs and Alternative Welfare Economics. Journal of Economic Perspectives, American Economic Association, 2021, 35, pp.243 - 256. ⟨10.1257/jep.35.3.243⟩. ⟨hal-03326422⟩

Partager

Métriques

Consultations de la notice

34

Téléchargements de fichiers

140