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Coase on the Coase Theorem, “The Social Cost Controversy”
Mohrman, Henry - In: Man and the Economy 2 (2015) 2, pp. 215-239
costs and benefits of alternative institutional arrangements. The cases he chose generally involved technical innovation … which produced new benefits as well as harmful effects, producing many insights into how society responds to innovation …
Persistent link: https://www.econbiz.de/10014615696
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Which retail services are co-located?
Öner, Özge; P. Larsson, Johan - In: International Journal of Retail & Distribution Management 42 (2014) 4, pp. 281-297
Purpose – Which retail services are co-located in space? Is it possible to categorize retail stores of different kinds with respect to their location pattern? Acknowledging the spatial dependency between different and similar kinds of retailing activities, the aim of this paper is to find if...
Persistent link: https://www.econbiz.de/10014804864
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Marriage as a Mechanism of Internalizing Externalities: A Case of Smoking
You, Jane J. - In: Asian Journal of Law and Economics 12 (2021) 2, pp. 189-211
Abstract With the view of marriage as a legal institution to internalize externalities, I examine the effect of … two years. These results on the whole imply that marriage internalizes the negative externalities of smoking and thus …
Persistent link: https://www.econbiz.de/10014585240
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Optimal Liability for Libel
Bar-Gill, Oren; Hamdani, Assaf - In: Contributions in Economic Analysis & Policy 2 (2003) 1, pp. 1-26
, emphasizing both the positive and negative externalities generated by the publication of information. Our model highlights two …
Persistent link: https://www.econbiz.de/10014587478
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Designing Auctions in R&D: Optimal Licensing of an Innovation
Brocas, Isabelle - In: Topics in Economic Analysis & Policy 6 (2006) 1
innovation is obtained, auctions licenses to a pool of producers. Each producer has a private valuation for the license and …
Persistent link: https://www.econbiz.de/10014587578
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Pollution Taxes for Monopolistically Competitive Firms
Vetter, Henrik - In: The B.E. Journal of Theoretical Economics 5 (2005) 1
sources of welfare loss: production externalities and product selection bias associated with fixed costs. We argue that the …
Persistent link: https://www.econbiz.de/10014589033
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Progressive Consumption Taxation as a Remedy for the U.S. Savings Shortfall
Frank, Robert H - In: The Economists' Voice 2 (2005) 3
The American savings rate, always low by international standards, has fallen sharply in recent decades. In this essay, I argue that a large part of the savings shortfall results from pressures to keep pace with community spending standards, pressures that have been exacerbated by rising income...
Persistent link: https://www.econbiz.de/10014591504
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Losing Under Contract: Transaction-Cost Externalities and Spot Market Disintegration
Roberts, Michael J; Key, Nigel - In: Journal of Agricultural & Food Industrial Organization 3 (2005) 2
Standard economic intuition of revealed preference implies that when two parties freely enter into a contract then neither should be worse off. In this study, we develop a simple model showing that introducing the opportunity to contract can lower welfare for some, and perhaps all, contracting...
Persistent link: https://www.econbiz.de/10014601270
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Distribution and Endogenous Growth: The Two-Class Pasinetti Model / Verteilung und endogenes Wachstum: Das Zwei-Klassen Modell von Pasinetti
Greiner, Alfred - In: Jahrbücher für Nationalökonomie und Statistik 221 (2001) 3, pp. 309-321
. Sustained per-capita growth results from positive externalities of investment which for its part only occur if workers devote …
Persistent link: https://www.econbiz.de/10014608834
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Exogenous Preferences, and Endogenous Tastes / Exogene Präferenzen und endogener Geschmack
Ebert, Udo; Hagen, Oskar von dem - In: Jahrbücher für Nationalökonomie und Statistik 222 (2002) 5, pp. 513-530
externalities. Accordingly, many models in economic theory can be interpreted as dealing with endogenous tastes. It is shown that … changes in tastes have a direct and an indirect impact on welfare. The literature on externalities usually focuses on the … Geschmack ist analytisch den externen Effekten eng verwandt. Deshalb können viele Modelle in der ökonomischen Theorie als …
Persistent link: https://www.econbiz.de/10014608900