Here's a fun story about a New Zealand man selling his soul to Hell Pizza.
Souls might just be the textbook example of a pure public good. Whatever consumption comes from it, it's certainly purely non-rivalrous, and equally purely non-excludable. Which means that the welfare maximizing price for his soul is nothing.
2 comments:
Ahem... Lindahl prices.
(Because you need to fund it *some* way.)
Not welfare maximizing, however. ;)
Post a Comment