This paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities …-linear building cost of dam capacity and externalities in a welfare optimization model. We obtain the optimal dam capacity for multi …

Neumann-Morgenstern expected utility functions using cooperative game theory. The social network literature studies various … numbers of neighbours) of the positions in a network. Although this allows for externalities, in the sense that the … preferences of a position might depend on the way how other positions are connected, these externalities can be taken into account …