Economy, asked by jasuapadung23, 1 month ago

elucidate the two theoritical models attributed to lindahl and samuelson in the context of public goods​

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Answered by rockingyash5
0

Answer:

The Samuelson condition, authored by Paul Samuelson, in the theory of public goods in economics, is a condition for the efficient provision of public goods. ... In other words, the public good should be provided as long as the overall benefits to consumers from that good are at least as great as the cost of providing it.

Answered by XxxRAJxxX
1

Answer:

Lindahl equilibrium is a state of equilibrium in a quasi-market for a pure public good. Like a competitive market equilibrium, the supply and demand for the good are balanced, in addition to the cost and revenue to produce the good. Lindahl equilibrium depends on the possibility of implementing an effective Lindahl tax, first proposed by the Swedish economist Erik Lindahl.

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