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What is Public Good

Handbook of Research on Heritage Management and Preservation
An item whose consumption is not decided by the individual consumer but by society as a whole, and which is financed by taxation. A public good (or service) may be consumed without reducing the amount available for others, and cannot be withheld from those who do not pay for it. This good is characterised by two features: it is not rivalrous and not excludable in the consumption.
Published in Chapter:
Some Economics of Conservation of Cultural Heritage: The Key Questions
Marilena Vecco (Université Bourgogne Franche-Comté, France)
Copyright: © 2018 |Pages: 21
DOI: 10.4018/978-1-5225-3137-1.ch015
This chapter contributes to theoretical debates in the study of the economics of cultural heritage conservation. In particular, it deals with the economic analysis, the effects, and the normative aspects of decision making on the preservation of artistic and historical heritage. The different concepts of conservation (re-use, restoration, preservation) are discussed from an economic and historical perspective. A formalised model is presented to ground the analysis. The most relevant dilemmas characterising the issue are studied on this basis. The impossibility of deriving optimum solutions from the market is argued together with the arbitrariness of all non-market decisions on this subject. The rejection of the current definition of conservation as “preservation” on economic grounds is therefore suggested, given its pure ideological nature.
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Selecting Open Source Software for Use in Schools
Goods or services provided in the public interest and in which the processes undertaken to provide a public good do not inhibit other people’s freedoms.
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A Historical Analysis of the Emergence of Free Cooperative Software Production
This is good which is:• Non-rivalrous, meaning that it does not exhibit scarcity, and that once it has been produced, everyone can benefit from it; and • Non-excludable, meaning that once it has been created, it is impossible to prevent people from gaining access to the good. (definition taken in
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Knowledge Sharing
Something that is shared by all members of a community whether or not they have contributed to the constitution or maintenance of the good.
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Public Services and the Missed Values of (Non)Communication
A wide concept into which can be put different goods as long as they fulfil two classical conditions of non-excludability and non-rivalry. The public good is good or service that allows the implementation of public interest. It is also good for shared use, it is a thing or good that is publicly owned, it is a thing or good that guarantees equal access. If we want to establish the essence of the public good, we must therefore proceed from the implementation of public interest, shared use, public property and guaranteed equal access.
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A Framework for Ameliorating Risk in Australian University Crowdfunding
Things that are available to all (nobody can be excluded) and cannot be used up (use by one does not reduce the use of another) ( Mann & Blunden, 2010 ).
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