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Article: The political economy of Coase's lighthouse in history (Part I): A review of the theories and models of the provision of a public good

TitleThe political economy of Coase's lighthouse in history (Part I): A review of the theories and models of the provision of a public good
Authors
Issue Date2008
PublisherLiverpool University Press. The Journal's web site is located at http://www.liverpool-unipress.co.uk/journals_2.html
Citation
Town Planning Review, 2008, v. 79 n. 4, p. 395-425 How to Cite?
AbstractAs a contribution to policy planning for public goods provision, Part I of this multi-disciplinary article critically reviews the literature and facts for and against the 1974 paper by Ronald Coase on the lighthouse; discusses theoretical issues omitted; and develops a model that characterises an alternative mode of light due collection under different cost and demand conditions. The review and discussion, informed by the precise meanings of key concepts of public goods and a free market, are relevant for a study and application of the economics of planning as well as the changing nature of the lighthouse due to technological advances in shipping.
Persistent Identifierhttp://hdl.handle.net/10722/168767
ISSN
2015 SCImago Journal Rankings: 0.377
References

 

DC FieldValueLanguage
dc.contributor.authorLai, LWCen_US
dc.contributor.authorDavies, SNGen_US
dc.contributor.authorLorne, FTen_US
dc.date.accessioned2012-10-08T03:32:14Z-
dc.date.available2012-10-08T03:32:14Z-
dc.date.issued2008en_US
dc.identifier.citationTown Planning Review, 2008, v. 79 n. 4, p. 395-425en_US
dc.identifier.issn0041-0020en_US
dc.identifier.urihttp://hdl.handle.net/10722/168767-
dc.description.abstractAs a contribution to policy planning for public goods provision, Part I of this multi-disciplinary article critically reviews the literature and facts for and against the 1974 paper by Ronald Coase on the lighthouse; discusses theoretical issues omitted; and develops a model that characterises an alternative mode of light due collection under different cost and demand conditions. The review and discussion, informed by the precise meanings of key concepts of public goods and a free market, are relevant for a study and application of the economics of planning as well as the changing nature of the lighthouse due to technological advances in shipping.en_US
dc.languageengen_US
dc.publisherLiverpool University Press. The Journal's web site is located at http://www.liverpool-unipress.co.uk/journals_2.htmlen_US
dc.relation.ispartofTown Planning Reviewen_US
dc.titleThe political economy of Coase's lighthouse in history (Part I): A review of the theories and models of the provision of a public gooden_US
dc.typeArticleen_US
dc.identifier.emailLai, LWC: wclai@hku.hken_US
dc.identifier.authorityLai, LWC=rp01004en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.scopuseid_2-s2.0-57249105140en_US
dc.identifier.hkuros159691-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-57249105140&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume79en_US
dc.identifier.issue4en_US
dc.identifier.spage395en_US
dc.identifier.epage425en_US
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridLai, LWC=7202616218en_US
dc.identifier.scopusauthoridDavies, SNG=13106155800en_US
dc.identifier.scopusauthoridLorne, FT=12767981600en_US

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