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Externalities, fixed costs and information.

The writer contends that Pigou's and Coase's well-known theoretical solutions to the problem of externalities—bargaining under low transaction costs, taxation according to measured preferences—have merely restated “the problem of social cost,” rather than tackling it. He reiterates the fact that ex...

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Publicado en:Kyklos Vol. 51; no. 4; pp. 547 - 564
Autor principal: Keppler, Jan Horst
Formato: Artículo
Publicado: Wiley-Blackwell 1998
Materias:
Externalities
Transaction costs
Resource allocation > Mathematical models
Information theory in economics
Economics
Indivisibles (Philosophy)
Acceso en línea:Ver este registro en EBSCOhost