On the Core of an Economic System with Externalities
On the Core of an Economic System with Externalities
复制标题
论具有外部性的经济体系的核心
DOI:
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发表时间:
1969
期刊:
影响因子:
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通讯作者:
M. Shubik
中科院分区:
文献类型:
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作者:
L. Shapley;M. Shubik
Abstract : The document covers an investigation of the social stability of joint undertakings to allocate costs or benefits of the external effects of productive economic activity. Social stability is taken to mean that all coalitions or potential coalitions of affected parties are satisfied simultaneously. This is equivalent to being in the core of the corresponding multiperson game. A number of simple pollution-type models that have a wide diversity of core behavior are examined. Tax and subsidy schemes are discussed in regard to their potential for the achievement of Pareto optimality in the face of externalities of both types. (Author)