на главную поиск contacts

Coase Competition and Compensation

Опубликовано на портале: 22-11-2004
In a world with no transactions costs there is no reason to choose between the Coasian and Pigovian treatments: both come down to finding a way to achieve an efficient allocation that Pareto dominates some initial endowment. A mechanism that solves one problem will solve the other. I have described one such mechanism, the compensation mechanism here. This is, however, only one example among many. I think that the compensation mechanism has nice theoretical properties. The question is, how does it work in practice? I am currently carrying out a series of laboratory experiments to investigate this question.

текст статьи на сайте Economics Working Paper Archive at WUSTL:
Ключевые слова

См. также:
Elinor Ostrom, Charlotte Hess
Kenneth Joseph Arrow
THESIS: теория и история экономических и социальных институтов и систем. 1993.  № 2. С. 53-68. 
Александр Алексеевич Васин
[Учебная программа]
James Montgomery
[Учебная программа]
Kenneth Joseph Arrow, Harry Bloch, Leonid Hurwicz
Econometrica. 1959.  No. 27. P. 82-109.