All the children of the nation are our children who
merit good education and care, the most important things and the bases for everything," HM the King said.
Policymakers are concerned about whether a household can afford to purchase a pre-defined quantity of a
merit good.
This paper attempts to examine the influence of economic and
merit good concept in water supply.
The marginal utility of consumption of either the private good or the
merit good is positive but diminishing.
It then presents 17 papers in which other economists discuss the definition of
merit good and its characteristics, explore its justifications, consider its proper domain, and introduce mathematical models of
merit good features.
Congress seems to have decided that saving for retirement is a
merit good that should be encouraged.
He then presents a special account of
merit goods, which he deems a special account of a service category of outstanding policy relevance.
It represents one of only five
merit goods in the world.
Ethical Dimensions of the Economy: Making Use of Hegel and the Concepts of Public and
Merit Goods.
Merit goods may include both private and public goods if the free market or a political decision process based on individual preferences, respectively, would not result in a sufficient supply of the good being produced and adequately distributed.
The empowered committee of state finance ministers has proposed that the United States have the option to either exempt specific food grain from VAT or levy the
merit goods rate of 4%, considering their socially sensitive nature.
Merit goods confer benefit mainly on the recipient.
