Handbook of public economics

Abstract

This volume, which is the second of a five-volume set, explores a range of topics related to public goods, the local public sector, and social insurance. The book begins with a chapter on the theory of public goods and a discussion of conditions under which private market provision of such goods might succeed. Several chapters focus on different aspects of the economics of local government, including models of community formation, the Tiebout model, and empirical estimations of the demand for local public goods. Finally, the book includes chapters on income maintenance, social insurance, the theory of cost-benefit analysis, and the theory of tax incidence. – AI-generated abstract