Tiebout Hypothesis

Discipline: Economics

Tiebout Hypothesis is named after American economist Charles Tiebout (1924-1968), who proposed that if public goods/services were provided by a large number of local governments, consumers would have a greater diversity of choice.

Also see: social welfare function

Source:
C Tiebout, 'A Pure Theory of Local Government Expenditure', Journal of Political Economy, vol. LXIV (1956), 416-24

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