The Samuelson condition, due to Paul Samuelson, in the theory of public economics, is a condition for optimal provision of public goods. For an economy with n consumers, the conditions is: ∑ i = 1 n MRS i = MRT {\displaystyle \sum _{i=1}^{n}{\text{MRS}}_{i}={\text{MRT}}} MRSi is individual i's marginal rate of substitution and MRT is the economy's marginal rate of transformation between the public good and an arbitrarily chosen private good.
The Samuelson condition, due to Paul Samuelson, in the theory of public economics, is a condition for optimal provision of public goods. For an economy with n consumers, the conditions is: ∑ i = 1 n MRS i = MRT {\displaystyle \sum _{i=1}^{n}{\text{MRS}}_{i}={\text{MRT}}} MRSi is individual i's marginal rate of substitution and MRT is the economy's marginal rate of transformation between the public good and an arbitrarily chosen private good.
Source: Wikipedia "Samuelson condition" · CC BY-SA 4.0
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