Add Value: Economic Principles

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It is often useful to learn from experts in other fields. An economist's view is particularly useful for libraries and other public service providers.

Economic Principles

Community Sorting Reveals Preferences for Local Public Services and Goods

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Note: Economists use sorting as a metaphor for the way that market forces partition economic agents across segments of a market. Households “sort” across neighborhoods according to their wealth and their preferences for public goods, social characteristics, and commuting opportunities.