Description
Economics of Involuntary Transfers, Softcover reprint of the original 1st ed. 1973
A Unified Approach to Pollution and Congestion Externalities
Lecture Notes in Economics and Mathematical Systems Series, Vol. 85
Author: Page T.
Language: EnglishSubject for Economics of Involuntary Transfers:
Keywords
Publication date: 06-1973
166 p. · 17.8x25.4 cm · Paperback
166 p. · 17.8x25.4 cm · Paperback
Contents
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I: A Selected Review of the Literature.- The Controversy over Pigou’s Increasing Cost Theorem.- Between Controversies.- The Controversy over Coase’s Neutrality Theorem: the Case for Coase.- The Pigovian Revival: the Case against Coase.- Recent Developments.- Summary and Prelude.- II: A Theory of Involuntary Transfers.- Three Kinds of Jointness.- Defensive Strategies.- Formal Model.- General Case.- III: Air Pollution in London, an Exemplary Involuntary Transfer.- Setting of the Model.- The Naive Model.- Non-linearities and Lag Structure.- Conclusions and Further Research.- List of Symbols.
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