Mercato, Elena L. del; Platino, Vincenzo - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2015
We consider a general equilibrium model of a private ownership economy with consumption and production externalities …. Fixing the externalities, the assumptions on utility functions and production technologies are standard in a differentiable … externalities is non trivial and it requires some ingenious adjustments, because the production technologies are not required to be …