Economics Dictionary of Arguments

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Social goods: Social goods are things that benefit society as a whole. They are typically things that are essential for human well-being, such as clean air, clean water, healthcare, and education. Social goods can also include things like environmental protection, social justice, and economic equality. See also Equality, Society, Community, Welfare state, Education, Education policy.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

 
Author Concept Summary/Quotes Sources

Vernon L. Smith on Social Goods - Dictionary of Arguments

Mause I 157
Social Goods/overfishing/Common/Vernon L Smith: Fishing: Problem: in the game of individual profit interests, the oceans are not only overexploited, they also serve as a free "garbage dump". (1)(2)(3). For an overview of formal models of fishery management: Kaitala, 1986 (4).
>Environmntal damages.

1. Gordon, H. Scott, The economic theory of a common-property resource: The fishery. Journal of Political Economy 62 (2), 1954, p. 124– 142.
2. Smith, Vernon L., On models of commercial fishing. Journal of Political Economy 77, (2), 1969, p.181– 198.
3. Munro, Gordon R, Approaches to the economics of the management of high seas fishery resources: A summary. Canadian Journal of Economics 29 (Special Issue: Part 1), 1996, p. 157– 164.
4. Kaitala, Veijo, Game theory models of fisheries management – A survey. In Dynamic games and applications in economics, Hrsg. Tamer Başar, Berlin 1986 p. 252– 266.


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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconSmith I
Adam Smith
The Theory of Moral Sentiments London 2010

EconSmithV I
Vernon L. Smith
Rationality in Economics: Constructivist and Ecological Forms Cambridge 2009

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018


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