externalities among patent inventors went from being nearly absent in the early phases of industrialization to becoming a major … externalities against other descriptors of county attractiveness. Our results show that, while the underlying geography of …

investigate the incentives to expend effort for a prize that produces consumption externalities and consider alternative … regulatory policies. We find relatively more global consumption externalities will increase (decrease) rent seeking when … consumption externalities are negative (positive). We show how introducing Pigouvian taxation (possibly with revenue transfer) and …