Public Economics, Public Projects, and their Funding

This paper illustrates the contribution of public economics to the analysis of public projects. The illustrations pertain to peak-load pricing (electricity) and to second-best pricing under a budget constraint (subways), also taking into account the pricing of substitutes (rail versus canals, fixed...

Full description

Bibliographic Details
Main Author: Jacques H. Drèze
Format: Article
Language:English
Published: World Scientific Publishing 1997-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110597000018