Chapter one

Public goods: A refresher course

 

        Section 1 Introduction

        Section 2 Allocation of resources between private and pure public goods

        Section 3 Club provision for rival and excludable public goods

        Section 4 Supranational public goods

 Supplementary section 1
Walras-Lindahl market-like allocations in an economy with a pure public good

Supplementary section 2
Provision of a supranational pure public good with or without a supranational government


Chapter two

The role of public goods in an overlapping-generations economy


Section 1 The case of a stationary population: The intuition of Samuelson

Section 2 Pareto efficiency in an OLG economy

Section 3 Public goods and the first fundamental theorem in an OLG economy

Section 4 Application: Financing social security

     Supplementary section 1

    An inquiry into the second fundamental theorem: Robinson, Friday and two collective welfare     functions