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Social choice and merit goods

Authors
Journal
Economics Letters
0165-1765
Publisher
Elsevier
Publication Date
Volume
7
Issue
4
Identifiers
DOI: 10.1016/0165-1765(81)90033-1

Abstract

Abstract Existing formulations of merit good social preferences, which are usually thought to be non-individualistic, are shown to be implied by three assumptions taken from the Arrowian social choice theoretic framework. Thus an individualistic foundation is provided for merit goods.

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