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The value of public good. Free rider problem

  1. TitleThe value of public good. Free rider problem
    Author infoMikušová Meričková Beáta, Muthová Nikoleta
    Author Mikušová Meričková Beáta 1976- (50%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
    Co-authors Jakuš Muthová Nikoleta 1992- (50%) UMBEF15 - Katedra verejnej ekonomiky a regionálneho rozvoja
    Source document Current trends in public sector research : proceedings of the 21st international conference, Šlapanice, 19-20 January 2017. S. 66-73. - Brno : Masarykova univerzita, 2017 / Maaytová Alena ; Current trends in public sector research medzinárodná konferencia
    Keywords experimenty - experiments   čierni pasažieri   kolektívne statky  
    LanguageEnglish
    CountryCzech Republic
    systematics 330
    AnnotationThe objective of this paper is to exanimate the preferences of consumer goods of collective consumption or willingness to pay for consumption of the goods which brings them benefits and from consumption of which they cannot be excluded ("public goods") and to test the validity of free rider theory. Theoretical framework is based on a critical analysis of mainstream economics theories dealing with public goods as market failure. Methodological framework is determined by experimental economy and partial outcomes of realized public goods experiments. Own economic experiment tests the research question on rate of willingness to pay for public goods and the factors affecting this willingness. More than 60 % of consumers voluntarily pay for public goods consumption. The consumer's gender, education and obtained utility affects the willingness to pay for public goods.
    Public work category AFC
    No. of Archival Copy39049
    Catal.org.BB301 - Univerzitná knižnica Univerzity Mateja Bela v Banskej Bystrici
    Databasexpca - PUBLIKAČNÁ ČINNOSŤ
    unrecognised

    unrecognised

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