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Essay heading: Amartya Senís Public and Private Goods
 
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Issue: Philosophy
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Date added: April 25, 2009
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No of pages / words: 1 / 203
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A private good described by Sen is a good that is ďcompete and be exclusive.Ē For example a pair of shoes is a good that we both could use but not together. Therefore if I use the pair of shoes you cannot, making it a private good. A public good is the contrast of a private good. Therefore if a single individual was to use or consume the good, it does not stop the consumption of the good from others...
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A private good described by Sen is a good that is ďcompete and be exclusive.Ē For example a pair of shoes is a good that we both could use but not together. Therefore if I use the pair of shoes you cannot, making it a private good. A public good is the contrast of a private good. Therefore if a single individual was to use or consume the good, it does not stop the consumption of the good from others...
displayed next 300 characters

 
General issues of this essay:
 
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