Tag Archives | Public Finance

Top 3 Approaches to Public Goods Allocation

This article throws light upon the top three approaches to public goods allocation. The approaches are: 1. The Marginal Utility Approach of Public Goods Allocation 2. Voluntary Exchange Approach 3. Samuelson’s Approach to Public Goods Allocation. 1. The Marginal Utility Approach of Public Goods Allocation: Professor A. C Pigou has made a heroic attempt to reconcile the benefit and ability [...]

By |2016-07-12T14:18:14+00:00July 12, 2016|Public Finance|Comments Off on Top 3 Approaches to Public Goods Allocation

Public and Private Finance: Similarities and Difference

In this article we will discuss about the similarities and difference between public and private finance. Similarities between Public and Private Finance: While the individual is concerned with the utilization of labour and capital at his disposal, in order to satisfy some of his wants, the state is concerned with the utilization of the labour and capital and other resources [...]

By |2016-07-12T14:18:14+00:00July 12, 2016|Public Finance|Comments Off on Public and Private Finance: Similarities and Difference
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