Externalities in Exchange Networks
نویسندگان
چکیده
منابع مشابه
Rights, Free Exchange, and Widespread Externalities
Sen’s libertarian paradox is ascribed to the inevitable conflict between the Pareto criterion and individuals’ rights to create negative externalities. Finite coalitions can effect exchanges of rights through Coaseian bargains in order to resolve inefficiencies due to local externalities. With a continuum of agents, however, finite coalitions are powerless to affect widespread externalities, ex...
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ژورنال
عنوان ژورنال: Rationality and Society
سال: 2009
ISSN: 1043-4631,1461-7358
DOI: 10.1177/1043463109335612