Divergences between individual and total costs within government.
Expert InsightsPublished 1963
A study of the contrast between attitudes toward the private and public portions of the economy; namely, the difference between costs and rewards as perceived by decisionmakers, and total costs and rewards produced by their actions. These differences are often called external economies or diseconomies or spillover effects; they sometimes affect people in ways that decisionmakers do not take into account. The effect of the function of these differences in government operations is presented.
Document Details
- Copyright: RAND Corporation
- Availability: Web Only
- Year: 1963
- Pages: 8
- Document Number: P-2818
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