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Externalities — A market model failure
Vatn, Arild; Bromley, Daniel - In: Environmental & Resource Economics 9 (1997) 2, pp. 135-151
We focus here on a set of conceptual problems related to the accepted theory of externalities. We are primarily … externality theory when the market model assuming independent agents is used to analyze physical interdependency. The different …. The creation of emissions and the creation of externalities are further not held apart producing flows in the efficiency …
Persistent link: https://www.econbiz.de/10005680988
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Für eine ökosoziale Ökonomie : Entwürfe u. Ideen - ausgew. Aufsätze
Kapp, Karl William - 1987 - Orig.-Ausg.
Persistent link: https://www.econbiz.de/10004584683
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Der Preis des Bewahrens : Ökonomie des Natur- und Landschaftsschutzes
Blöchliger, Hansjörg - 1992
Persistent link: https://www.econbiz.de/10004156959
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Understanding "The Problem of Social Cost"
baffi, enrico - Volkswirtschaftliche Fakultät, … - 2013
This paper examines the positions of Coase and Pigou in regard to the problem of external effects (externalities … 1960, Coase’s theory has been developed and has become a pillar of tort law and economics. Pigou proposed a tax as an …
Persistent link: https://www.econbiz.de/10011260441
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What do cattle and bees tell us about the Coase theorem?
Bertrand, Elodie - In: European Journal of Law and Economics 31 (2011) 1, pp. 39-62
Persistent link: https://www.econbiz.de/10008925937
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A case of mistaken identity: George Stigler, “The Problem of Social Cost,” and the Coase theorem
Medema, Steven - In: European Journal of Law and Economics 31 (2011) 1, pp. 11-38
Persistent link: https://www.econbiz.de/10008925939
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The three roles of the 'Coase theorem' in Coase's works
Bertrand, Elodie - In: The European Journal of the History of Economic Thought 17 (2010) 4, pp. 975-1000
This article aims at understanding Coase's apparently paradoxical attitude towards his eponym 'theorem'. On the one hand, he judges as excessive the attention devoted to an assertion that makes the assumption of zero transaction costs. On the other, he has never stopped reasserting its largely...
Persistent link: https://www.econbiz.de/10008675155
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The Invisible Foot
Hahnel, Robin - In: Review of Radical Political Economics 46 (2014) 1, pp. 70-86
criticisms Hunt voiced long ago about markets and blind spots in mainstream economic theory. The article reviews work inspired by … Hunt regarding externalities, endogenous preferences, the Coase theorem, and an alternative to the market system known as …
Persistent link: https://www.econbiz.de/10011137452
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Application of Coase Theorem to Analyze the Welfare Gain and Loss in a Conflict of Herders’ Damage in Croppers’ Land at the Adamawa Region of Cameroon
Folefack, Achille Jean Jaza - In: Quarterly Journal of International Agriculture 53
By applying the Coase theorem, this paper attempts to solve a conflict of land management between croppers producing maize on land and herders who breed cattle that needs land to graze on in the Adamawa region of Cameroon. The results indicate that, the herders commit maximum damage when their...
Persistent link: https://www.econbiz.de/10011142761