Property and Legal Institutions
Introductory
Public Goods
Goods whose benefits are difficult to exclude nonpayers from enjoying and whose use by one person does not necessarily reduce availability to others.
Why It Matters
Public-goods analysis explains why private markets may underproduce information, safety, enforcement, financial stability, and other legally relevant goods.
Selected Literature
A short list of directly relevant archive entries.
1960
Introductory
1967
Intermediate
2006
Advanced
2016
Advanced
Related Cases
1983
Securities Regulation
Dirks v. SEC
463 U.S. 646 (1983)
Tippee liability and the conditions under which insider-trading duties attach.