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Tragedy of the Commoners in Economic Space as a Public Good

In: Does Economic Space Matter?

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  • Hiroshi Ohta

Abstract

The Japanese are the great children lovers, ever since the era of Manyoh (700s AD) when the poet Okura Yamanoue declared that silver, gold and precious stones were nothing compared to his beloved children. If the wife is the master of the household, the children as its core are the kings of a typical Japanese family. Nevertheless the present Japan may be characterized by gross underproduction of children per family. One of the many reasons cited casually is poor housing conditions with cramped spaces often referred to as ‘rabbit hutches’. It goes without saying that the greater are the costs of anything, the less is the quantity demanded, and supplied accord-ingly, in the market. The higher cost of housing, however, does not ipso facto imply underproduction of it, nor does it imply the underproduction of children as an output(!?) of the housing input.

Suggested Citation

  • Hiroshi Ohta, 1993. "Tragedy of the Commoners in Economic Space as a Public Good," Palgrave Macmillan Books, in: Hiroshi Ohta & Jacques-François Thisse (ed.), Does Economic Space Matter?, chapter 5, pages 95-110, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22906-2_6
    DOI: 10.1007/978-1-349-22906-2_6
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    Cited by:

    1. Masayoshi Hayashi & Hiroshi Ohta, 2007. "Increasing marginal costs and satiation in the private provision of public goods: group size and optimality revisited," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 14(6), pages 673-683, December.
    2. Yao Yao & Linwei Liu & Zibin Guo & Ziheng Liu & Huiyu Zhou, 2018. "Experimental Study on Shared Bike Use Behavior under Bounded Rational Theory and Credit Supervision Mechanism," Sustainability, MDPI, vol. 11(1), pages 1-23, December.

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