Vouchers as innovative funding of public services

Pekka Valkama; Stephen J. Bailey; Ian C. Elliott

doi:10.1057/9780230282063_11

Vouchers as innovative funding of public services

Pekka Valkama^*, Stephen J. Bailey, Ian C. Elliott

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

2 Citations (Scopus)

Abstract

A voucher is an instrument issued by a principal that can be redeemed by the holder for a service, commodity or other such benefit provided by an agent. The principal is the organisation that finances and issues the voucher. The holder is the person receiving the voucher and, thereby, the service, commodity or other such benefit. The agent provides the service, commodity or other such benefit in exchange for the redeemable voucher.

Original language	English
Title of host publication	Innovations in Financing Public Services
Subtitle of host publication	Country Case Studies
Editors	S.J. Bailey, P. Valkama, A.V. Anttiroiko
Place of Publication	London
Publisher	Palgrave Macmillan
Chapter	11
Pages	228-252
Number of pages	25
Edition	1
ISBN (Electronic)	9780230282063
ISBN (Print)	9780230241596
DOIs	https://doi.org/10.1057/9780230282063_11
Publication status	Published - 30 Jul 2010
Externally published	Yes

Keywords

Public service
Service user
Service producer
School choice
Voucher scheme

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10.1057/9780230282063_11

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AB - A voucher is an instrument issued by a principal that can be redeemed by the holder for a service, commodity or other such benefit provided by an agent. The principal is the organisation that finances and issues the voucher. The holder is the person receiving the voucher and, thereby, the service, commodity or other such benefit. The agent provides the service, commodity or other such benefit in exchange for the redeemable voucher.

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KW - Service user

KW - Service producer

KW - School choice

KW - Voucher scheme

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ER -

Vouchers as innovative funding of public services

Abstract

Keywords

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