Amartya Sen’s Public and Private Goods

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Title: Amartya Sen’s Public and Private Goods
 
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Subject: Philosophy
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Date: April 25, 2009
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A private good described by Sen is a good that is “compete and be exclusive.” 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...
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A private good described by Sen is a good that is “compete and be exclusive.” 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...
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