Tag Archives | Public Goods

This article throws light upon the top three approaches to public goods allocation. The approaches are: 1. The Marginal Utility Approach of Public Goods Allocation 2. Voluntary Exchange Approach 3. Samuelson’s Approach to Public Goods Allocation. 1. The Marginal Utility Approach of Public Goods Allocation: Professor A. C Pigou has made a heroic attempt to reconcile the benefit and ability [...]