Public goods > Related Articles
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Contents |
Index
See the related articles subpage to the article on economics [1] for an index to topics referred to in the economics articles.
Parent topics
- Economics [r]: The analysis of the production, distribution, and consumption of goods and services. [e]
- Politics [r]: Activity that relates to the way in which society is governed, and the process by which human beings living in communities make decisions and establish obligatory values for its members (although more widely it can also refer to processes concerning the exercise of influence, status or power in government decision-making). [e]
Subtopics
Other related topics
- Public expenditure [r]: Spending by the public sector [e]
Glossary
- externality [r]: A cost of production that is not borne by the producer, or a benefit that the producer does not receive. [e]
- incomplete contract [r]: A contract that does not fully specify what each party to it must do under every conceivable circumstance. [e]
- incomplete contract costs [r]: The costs that arise when circumstances not envisaged in an incomplete contract result in a loss of expected benefits or the need for renegotiation. [e]
- subsidy [r]: A government grant to a supplier of goods or services, usually for the purpose of reducing prices, raising the supplier's income, or increasing the supplier's employment. [e]
