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Externe Effekte zwischen Wirtschaftssubjekten spielen in der Ökonomie eine herausragende Rolle. Solche durch wirtschaftliche Aktivität verursachten Externalitäten wirken auf das Wohlfahrtsniveau Dritter ein, ohne daß dafür eine marktliche Kompensation erfolgen würde. Die vorliegende...
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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 …
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This paper discusses a number of issues that will become increasingly important nowthat the concept of marginal external cost pricing becomes more likely to be implementedas a policy strategy in transport in reality. The first part of the paper deals with thelong-run efficiency of marginal...
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information is shared, externalities arise. The standard conditions for the two fundamental welfare theorems, thus, implicitly …
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