failures, namely: externalities, public goods, natural monopoly and information asymmetries. The present paper will focused on …

the theories of public goods, externalities, marginal-cost cum peak-load pricing. This paper documents and attempts to …

taxation, commodity taxation, tax expenditures, externalities, public goods, capital income and wealth taxation, social …

and negative externalities. A pure public good is a positive externality whose appropriable benefits are too small or too …

goods provision embedded in a social context and find that in the absence of explicit norms externalities have almost no … effect. With an endogenously formed provision norm positive as well as negative externalities dampen provision as compared to … no externalities. We explain the surprisingly low provision under positive externalities by the providers' increased risk …

externalities. Samuelson (1954) laid out the conditions for optimal pure public goods provision, but noted that free-riding (the …, government intervention is unnecessary. Under the conditions underlying the Coase Theorem, externalities would be self … to the controversy here by describing a previously unexplored relationship between externalities, public goods, and …

outcome, a weighted, directed network describing marginal externalities is defined. We show that Pareto efficient outcomes are …