externalities. Agents in this model are characterized by an N-dimensional skill vector corresponding to intrinsic abilities in N …. Because externalities change the relative returns to different activities, corrective taxes induce changes in the across …

Theory predicts that in markets with increasing returns, the number of differentiated products and resulting consumer … externalities', an increase in the size of the market brings forth additional products valued by others with similar tastes. But who … benefits whom? We examine the patterns of and mechanisms for preference externalities between black and white and between …

Optimal policy rules--including those regarding income taxation, commodity taxation, public goods, and externalities … preferences for commodities, public goods, and externalities are heterogeneous. When preference differences are observable …

-disorder and income-creation externalities. Two bordering casinos compete with each other for the external source of demand of …

Products with negative externalities are often subject to regulations that limit competition. The single-product case …