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It's fundamental: welfare theorems, market failures, and the turn from "public finance" to "public economics"

Medema, Steven G. - 2022 - Version 1.3

economists had done "work of high quality and great quantity in the field of taxation," the theory of public expenditure had been … inquiries. Indeed, by the mid-1980s the 'public expenditure theory' lacuna lamented by Samuelson had largely been filled with … the theories of public goods, externalities, marginal-cost cum peak-load pricing. This paper documents and attempts to …

Persistent link: https://www.econbiz.de/10013411358

Prices and Pareto Optima

Flåm, Sjur D. (contributor); Jourani, A. (contributor) - 2006

Persistent link: https://www.econbiz.de/10003290225

Public GoBs

Heyen, Daniel; Tavoni, Alessandro - 2025

countries. The private provision of public GoBs proves inefficient due to both free-rider and free-driver externalities …

Persistent link: https://www.econbiz.de/10015332074

Externalities : a general equilibrium analysis

Murty, Sushama - 2003

Persistent link: https://www.econbiz.de/10003385442

Revisiting the "decentralization theorem" : on the role of externalities

Köthenbürger, Marko (contributor) - 2007

Persistent link: https://www.econbiz.de/10003620168

Externalities, human capital formation, and corrective migration policy

Stark, Oded; Wang, Yong - 1999

Persistent link: https://www.econbiz.de/10001413320

Externalities, human capital formation, and corrective migration policy

Stark, Oded; Wang, Yong - 1999

When productivity is fostered by an individual's own human capital as well as by the economy-wide average level of human capital, individuals under-invest in human capital. A strictly positive probability of migration to a richer country raises both the level of human capital formed by...

Persistent link: https://www.econbiz.de/10011578516

Climate change, strict Pareto improvements in welfare and multilateral financial transfers

Kotsogiannēs, Chrēstos; Woodland, Alan D. - 2020

Persistent link: https://www.econbiz.de/10012542286

Review of "The hesitant hand: taming self-interest in the history of economic ideas"

Colander, David C. - 2010

Persistent link: https://www.econbiz.de/10003990803

The conditional contribution mechanism for the provision of public goods

Reischmann, Andreas - 2015

Many mechanisms have been designed to solve the free-rider problem in public good environments. The designers of those mechanisms focused on good static equilibrium properties. In this paper, I propose a new mechanism for the provision of public goods that has good dynamic properties instead....

Persistent link: https://www.econbiz.de/10010504666