Jump to ContentJump to Main Navigation
The Future of Law and EconomicsEssays in Reform and Recollection$
Users without a subscription are not able to see the full content.

Guido Calabresi

Print publication date: 2016

Print ISBN-13: 9780300195897

Published to Yale Scholarship Online: May 2016

DOI: 10.12987/yale/9780300195897.001.0001

Show Summary Details
Page of

PRINTED FROM YALE SCHOLARSHIP ONLINE (www.yale.universitypressscholarship.com). (c) Copyright Yale University Press, 2017. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in YSO for personal use (for details see http://www.yale.universitypressscholarship.com/page/privacy-policy).date: 17 November 2017

Of Merit Goods Generally

Of Merit Goods Generally

Specific Applications and Concluding Thoughts

Chapter:
(p.73) IV Of Merit Goods Generally
Source:
The Future of Law and Economics
Author(s):

Guido Calabresi

Publisher:
Yale University Press
DOI:10.12987/yale/9780300195897.003.0004

This chapter explains what merit goods are, how they might best be handled, and why a society might well wish to handle them in ways other than by altering its general wealth distribution. It considers examples of goods and bads that can be categorized as merit goods and involve commodification and commandification costs, including military service, transplantable body parts, child rights, and campaign contributions, as well as a basic level of education, health care, and environmental protection. It also discusses the moral costs of suffering that people go through if these goods and bads are allocated according to the prevailing wealth distribution, along with the fact that there are different ways of diminishing these wealth distribution-dependent costs. Finally, it examines how a society chooses which goods to remove from the market and how it decides which to treat as merit goods. It suggests that the nonordinary market treatment of some goods is probably essential to the perdurance of incentives.

Keywords:   merit goods, wealth distribution, military service, health care, moral costs, incentives, commodification, commandification, child rights, campaign contributions

Yale Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.