Externer Effekt

TT

The theory of externalities, public goods, and club goods

by Sandler, Todd, Cornes, Richard

0 Type: Book

This book presents a theoretical treatment of externalities (i.e. uncompensated interdependencies), public goods, and club goods. The new edition updates and expands the discussion of externalities and their implications, coverage of asymmetric information, underlying game-theor…

TT

The theory of externalities, public goods, and club goods

by Sandler, Todd, Cornes, Richard

0 Type: Book

This book presents a theoretical treatment of externalities (i.e., uncompensated interdependencies), public goods, and club goods. The new edition updates and expands the discussion of externalities and their implications, coverage of asymmetric information, underlying game-theo…

DP

Discovering prices: auction design in markets with complex constraints

by Milgrom, Paul R., (Paul Robert)

fromKenneth J. Arrow lecture series (New York, N.Y.)

0 Type: Book

Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith's famous concept of an invisible hand, which guides markets and renders regulation or interference…