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When a public good is excludable it is possible to change individuals for using the good. We study the role of prices on excludable public goods using an extention of the Stiglitz-Stern version of the Mirrless optimal income tax model. Our discussion includes both the case whrer the public good...
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A strong case for public provision of certain private goods has been established for an economy in which individuals have homogeneous preferences but differ in skill levels. There has been a critique of this model/mechanism arguing that heterogeneous preferences at a given skill level would...
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