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Are there any good studies on what are estimated values of public goods? For example, suppose a public library, bridge, school, or lighthouse is a public good, what is the value per person for these goods? I am just looking for typical cases, like a public park in a typical American city.

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    $\begingroup$ Most of the goods you mention are not public goods. Public goods should be non-excludable and non-rivalrous. Public library, both excludable and rivalrous (especially more prominent ones), school is the same. Bridge can be argued to be non-rivalous unless traffic is bad but it is definetly excludable. Some park in nature might fit but a park in city could be just easily made excludable. Lighthouse is probably the only good example of an actual public good from the list you provided. $\endgroup$ – 1muflon1 Aug 2 at 23:15
  • $\begingroup$ While I agree with you, I still am looking for an empirical sense of the value per citizen of what many consider public goods. $\endgroup$ – Some Guy Aug 3 at 2:38
  • $\begingroup$ but if you use tag public goods on an economic forum when you actually don’t want to know value of public goods but just some general government/municipality provided goods you will just confuse people and decrease your chances of actually getting proper answer $\endgroup$ – 1muflon1 Aug 3 at 12:00

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