Revisiting the Coase theorem

DOI10.1007/s00199-020-01330-9zbMath1492.91180OpenAlexW3119622872MaRDI QIDQ2143897

Emma Moreno-García, Carlos Hervés-Beloso

Publication date: 31 May 2022

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-020-01330-9

zbMATH Keywords

corecompetitive equilibriumCoase theoremexternalitiescap-and-tradeother-regarding preferencestradable licensesrights

Mathematics Subject Classification ID

General equilibrium theory (91B50) Individual preferences (91B08)

Related Items (3)

Special issue in honor of Nicholas C. Yannelis. II ⋮ On convexity in cooperative games with externalities ⋮ Core and stable sets of exchange economies with externalities

Cites Work

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• Detrimental externalities, pollution rights, and the ``Coase theorem
• Walrasian prices in markets with tradable rights
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• Coalition-proof Nash equilibria. I: Concepts
• Incentive compatibility and information superiority of the core of an economy with differential information
• On the non-emptiness of the core of a coalitional production economy without ordered preferences
• Social loss with respect to the core of an economy with externalities
• Other-Regarding Preferences in General Equilibrium
• Von Neumann-Morgenstern solutions to cooperative games without side payments
• The Core of a Cooperative Game Without Side Payments
• Endowments, Exclusion, and Exchange

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