Free mobility has not been thought of as an effective tool to correct over- or underproduction of externalities. In … this paper, we establish that foot voting can internalize the cost of negative externalities. Workers have to accept the … can effectively influence the equilibrium wage and rent to reflect the externalities by threatening to walk away if the …

This paper demonstrates that a pollution tax with a fixed cost component may lead, by itself, to segregation between … locations and two industries (clean and dirty) where pollution is a by-product of dirty good manufacturing. Under proper … outcome when there is a fixed cost component of the pollution tax. Moreover, a stratified Pareto optimum can never be …

externalities, strategic incentives for the incumbent government arise from both a budget and emission interaction. In this … interaction, while first period pollution decreases regardless of the future government's identity. If the incumbent government …

joining the IEA set emissions to internalize some exogenously given fraction of the externalities that own emissions cause on …

the absence of regulation, such voluntary compensation provides a way for consumers to internalize negative externalities … on their own. However, the tangibility of consumption externalities is often reduced by diffusion of both the harm … compensation levels and leads to larger overall net externalities as compared to a baseline condition without diffusion. Diffusion …