منابع مشابه
The Tension Between Privacy and Security: An Analysis Based on Coase and Pigou
INTRODUCTION................................................................................... 397 I. WHY IS THERE A TENSION BETWEEN PRIVACY AND SECURITY? ................................................................................... 398 II. WHAT IS PRIVATE? ..................................................................... 399 III. WHAT IS SECURE?.........................................
متن کاملThe core disagreement between Pigou, the profession, and Coase in the analyses of the externality question
The source of disagreement between Pigou, the profession, and Coase in regard to the externalities is thought to be transaction cost. Coase shows that the traditional prescription for remedying externality problems can be wrong if transaction cost is positive. But Pigou did recognize that positive transaction cost played a role in creating externality problems even though the profession later f...
متن کاملBetween-Group Pigou-Dalton Transfers
This paper introduces the concept of Pigou-Dalton transfers between populations of income receivers. Gini’s mean difference and Dagum’s Gini index between populations are axiomatically derived in order to gauge the impact of withinand between-group PigouDalton transfers on Dagum’s measure. We show its sensitiveness for any given transfer in the sense that inequality-reducing transfers are captu...
متن کاملFrom Pigou to Extended Liability
An important contribution of economics to public policy rests on the precept that price signals should force producers of externalities to internalize the welfare of other economic agents. Pigou (1920)’s celebrated insight on the taxation of externalities provided an intellectual foundation for a variety of policies from pollution taxes/permits to experience rating. Pigovian taxation’s policy a...
متن کاملOn Coase and Hotelling
It has been long recognized that an exhaustible-resource monopsonist faces a commitment problem similar to that of a durable-good monopolist. Indeed, Hörner and Kamien (2004) demonstrate that the two problems are formally equivalent under full commitment. We show that there is no such equivalence in the absence of commitment. The existence of a choke price at which the monopsonist adopts the su...
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ژورنال
عنوان ژورنال: Politica
سال: 1992
ISSN: 2246-042X,0105-0710
DOI: 10.7146/politica.v24i3.69433