The New Palgrave Dictionary of Economics Richard A. Musgrave 73 Accesses 7 Altmetric Abstract The concept of merit goods, since its introduction thirty years ago (Musgrave 1957, 1958), has been widely discussed and given divergent interpretations (for surveys, see Head 1966; Andel 1984). Since...
Ineconomics, a good to which persons are believed to have a right. That is, a merit good is something that should be available forfreeor at reducedpricesbecause it is necessary and thefree marketdoes not provide sufficient incentives to produce it. Examples of merit goods may include education...
In economics, a demerit good is a good or service whose consumption is considered unhealthy, degrading, or otherwise socially undesirable due to the perceived negative effects on the consumers themselves. It is over-consumed if left to market forces. Examples of demerit goods include tobacco,...
Public Economics Macmillan Press, London Google Scholar Musgrave RA (1987) Merit goods. In: Eatwell J, Milgate M, Neuman P (eds) The new Palgrave: a dictionary of economics. Macmillan, London, pp 452–453 Google Scholar Pazner EA (1972) Merit wants and the theory of taxation. Public ...
Merit Goods Chapter The utilitarian view of welfare economics 8.5.4Merit goods In addition to public goods there is another category of goods, calledmerit goods, that, although they are private goods, generate strong positive externalities when they are consumed. Attributingmeritto something has ...
(2012): Does libertarian paternalism reconcile merit goods theory with main- stream economics? Forum for Social Economics, XLI (2-3): 206-219.Mann, Stefan et Miriam Gairing. 2012. Does Libertarian Paternalism Recon- cile Merit Goods Theory with Mainstream Economics ? Forum for Social Economics,...
“Merit goods”, often mentioned in the literature on welfare economics, are also referred to as “goods of social value”. “优值物”往往在关于福利经济学的文献中提及,又称为“有社会价值的产品”。“ UN-2 Although RE was increasingly regarded as a merit good, it was not expected to ...
For the most part, merit goods are considered “equity” goods that should not be linked to the ability to pay for them. Their long-term benefits are considered greater than the short-term benefits of acquiring them. In economics, a merit good is different from a public good. A public go...
In economics, a demerit good is a good or service whose consumption is considered unhealthy, degrading, or otherwise socially undesirable due to the perceived negative effects on the consumers themselves. It is over-consumed if left to market forces. Examples of demerit goods include tobacco,...
1)merit goods有益品 1.This thesis is focusing on the reasons for government intervention to pricing of public goods,such as natural monopoly,income distribution,merit goods,fiscal revenue,stability of market,and so on.本文从自然垄断、收入分配、有益品、财政收入和市场稳定等多种角度对政府干预公共产...