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"Follow a resulted example with a beacon which warns the ships from Hits on rocks. Its beam helps everyone who it sees. The businessman not
Can construct it for the sake of profit extraction as it not in forces to receive
Payment from each user. Obviously, what is it activity just that
Type which would be natural for undertaking to the government "Samuelson, Economics, p. 159.
On this Samuelson does not stop. It uses a beacon for one more
Conclusions (not meeting at early authors). He speaks:
"... In an example with a beacon it is necessary to allocate one circumstance: that fact that
The beacon holder cannot receive - in the form of a purchase price - a payment for
Using from those to whom the beacon helps, definitely forces to carry this
Service to the category of the public or social blessings. But even if a holder
Beacon a smog - we will tell, by means of an identifying radar - to demand payment with
Everyone floating by a vessel, not so necessarily, what is it would make
Optimum from the social point of view granting of this service like
The usual private blessing under the individual price established in the market.
Why? Because for a society costs on service of one more
Additional vessel are equal to zero; so, a course change of any vessel,
Having for an object to avoid the payment for using a beacon, represents the economic
Damage from the point of view of a society - even if the price established for all not
Exceeds long-term costs for the beacon maintenance. If from a social point
Sight building and the beacon maintenance are justified, - and it not always so, -
At deeper analysis it is possible to show that, how an easy approach to
This public blessing can appear the optimum decision "p.
In a position of Samuelsona there is a paradoxicality element. The government should
To contain beacons because private concerns not in a status to collect a payment for
The services. But if private concerns also have managed to collect such payment, not
It is necessary to allow to them to do it (that also demands as it is possible to assume,
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