Exact Aggregation and the Demand for Public Goods

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.

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Year of publication:	1992
Authors:	Weber, William L.
Published in:	Journal of Economic Studies. - Emerald Group Publishing. - Vol. 19.1992, September, 4, p. 3-16
Publisher:	Emerald Group Publishing
Subject:	Aggregate demand function \| Income tax

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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