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Externalities, Liability, Separability, and Resource Allocation

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  • Marchand, James R
  • Russell, Keith P

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  • Marchand, James R & Russell, Keith P, 1973. "Externalities, Liability, Separability, and Resource Allocation," American Economic Review, American Economic Association, vol. 63(4), pages 611-620, September.
  • Handle: RePEc:aea:aecrev:v:63:y:1973:i:4:p:611-20
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    Citations

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    Cited by:

    1. Runge, C. Ford, 1981. "Institutions and Common Property Externalities: The Assurance Problem in Economic Development," Faculty and Alumni Dissertations 206835, University of Minnesota, Department of Applied Economics.
    2. Jens Gudmundsson & Jens Leth Hougaard & Chiu Yu Ko, 2022. "Sharing sequentially triggered losses: Automatic conflict resolution through smart contracts," IFRO Working Paper 2020/05, University of Copenhagen, Department of Food and Resource Economics.
    3. Yamini Gupt & Emiel C. H. Veendorp, 1997. "Externalities in a Hotelling Model," Southern Economic Journal, John Wiley & Sons, vol. 64(1), pages 321-325, July.
    4. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    5. Jens Gudmundsson & Jens Leth Hougaard & Chiu Yu Ko, 2020. "Sharing sequentially triggered losses," IFRO Working Paper 2020/05, University of Copenhagen, Department of Food and Resource Economics.
    6. Ernst Baltensperger, 1975. "External Effects, Separability, and Resource Allocation," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 111(III), pages 337-348, September.
    7. Jens Gudmundsson & Jens Leth Hougaard & Jay Sethuraman, 2024. "Managing cascading disruptions through optimal liability assignment," Papers 2408.07361, arXiv.org.
    8. Runge, C. Ford, 1993. "Trade, Pollution And Environmental Protection," Staff Papers 14025, University of Minnesota, Department of Applied Economics.
    9. Adam Gifford Jr. & Courtenay C. Stone, 1973. "Externalities, Liability And The Coase Theorem:A Mathematical Analysis," Economic Inquiry, Western Economic Association International, vol. 11(3), pages 260-269, September.

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