Year: 1988
Author: Schmidt, Kurt
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 108 (1988), Iss. 3 : pp. 383–403
Abstract
Though it proves already difficult to define merit wants, their justification is all the more doubtful - irrespective to the fact whether merit actions are considered to be aimed at correcting individual preferences or to be based on the theory of external effects. An attempt to interpret merit actions along a "supply" line turns out to be equally fruitless. Likewise, the theory of social goods presents serious weaknesses - last not least on account of the inherent contradiction between their definition by way of (objective) criteria on the one hand and by (subjective) preferences on the other. The solution to the question of what and how much public services should be provided is to be sought in the procedural field. In a representative democracy we are concerned with the possibilities of citizens' participation and the commitment of the (public finance-) political "élite" to the majority will of the citizens.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.108.3.383
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 108 (1988), Iss. 3 : pp. 383–403
Published online: 1988-03
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 21
Author Details
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https://doi.org/10.1007/978-3-662-21760-3_3 [Citations: 0]