Talk:Merit good/Archives/2015
Latest comment: 17 years ago by Dikke poes in topic Sinister undertones
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Sinister undertones
primary education is an example of merit good
it should be added that the term has a connection to paternalism, it refers to goods which are deemed to be good for people, a perfect example being seat belts
- Education is also listed as a credence good. I don't know if this somehow upsets someone.
- A good can be both a credence good (consumers aren't sure what the quality was even after using the product) and a merit good (society in general thinks a product or the idea of a product is good, but there is not actually enough market demand to encourage companies to make or offer the product). Dikke poes 19:13, 25 April 2007 (UTC)