Abstract
With the development of economy and society, the proportion of public goods consumption in the total consumption of social members is rising, and the demand of various members of public goods is becoming more and more urgent. However, due to the existence of “free-riding” and other behaviors, residents may not be able to fully express their true needs when expressing demand for public goods. This raises theoretically the question: what kind of scientific theory or method could be used to effectively identify demand for public goods by members of society? In response to this problem, Western scholars have done a lot of research and achieved fruitful research results. Researching and evaluating these theories and methods will help us understand the needs of public goods correctly, and provide reference and basis for public goods supply decision-making.
Highlights
With the development of the economy and society, the proportion of public goods consumption in the total consumption of members of the society has been rising, and the needs of members of society for various public goods have become increasingly urgent
It can be seen that the research on the identification of public product demand is a theoretical review and exploration based on realistic problems
The significance of western public goods demand recognition theory lies in applying the market efficiency criteria of the private economy to the analysis of the best supply of public goods, proposing a standardized standard of how a government mechanism should be done, pointing out the direction of the actual fiscal mechanism change, and providing the basis for judgment
Summary
With the development of the economy and society, the proportion of public goods consumption in the total consumption of members of the society has been rising, and the needs of members of society for various public goods have become increasingly urgent. Under the condition of asymmetric information, based on the characteristics of public goods, residents who are “economic people” will have an exaggerated or low level of motivation, or even conceal their own needs; secondly, the needs of residents in different time and space. How to grasp the heterogeneous and dynamic needs for public goods is a difficult problem. The question that arises in theory is: what scientific theory or method to use to effectively identify social members’ Product demand. In response to this problem, Western scholars have carried out a lot of research, and have achieved rich research results. By following the law of public product demand and effectively managing the demand for public products can the ultimate goal of effective supply of public products be achieved and the balance of supply and demand of public products achieved
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