Hyanek

Significance of Demand in making Hyanek

Scholarly Essay from the year 2009 in the subject Economics - Other, grade: -, Masaryk University , language: English, abstract: The paper is focused on factors influencing the choice of a public service provider. The significance of demand in decision-making about private (co)financing of public services is being analyzed. The first part of the paper is concentrated on economic approach to private provision and private (co)financing and economic character of public service as well. The second part is devoted to user charges and importance of demand elasticity. Finally, the possibility of private providing and limitations of private (co)financing of the concrete public services are being formulated. The authors conclude that the economic nature of the service does not directly affect the mode of delivery of a service in question, or more precisely that the nature is not the principal determinant of the delivery mode.