This paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities …-linear building cost of dam capacity and externalities in a welfare optimization model. We obtain the optimal dam capacity for multi … shows that optimal dam capacity is characterized by the marginal benefits of hydropower generation, the marginal costs of …

We study the implementation of social choice rules in environments with externalities. We prove the impossibility of …

We study coalition formation problems with general externalities. We prove that if expectations are not prudent a …

Consider an environment with widespread externalities, and suppose that binding agreements can be written. We study …

encompasses many economic models with externalities and outside options. We show that when outside options are pure (i …

of games with externalities and issue linkage to promote cooperation on transboundary water resources. The paper analyzes …

efficient, regardless of externalities created by interim actions. Otherwise, in the presence of externalities on outside …