Microeconomic models of externality market, generalized Coase theorem/Mikroekonomické modely trhu s externalitami, zobecněný Coaseho teorém (available in czech only)

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Microeconomic models of externality market, generalized Coase theorem/Mikroekonomické modely trhu s externalitami, zobecněný Coaseho teorém (available in czech only)

Author Info

Jiří Hlaváček () (Institute of Economic Studies, Faculty of Social Sciences, Charles University, Prague, Czech Republic)
Michal Hlaváček () (Czech National Bank, Institute of Economic Studies, Faculty of Social Sciences, Charles University, Prague, Czech Republic)

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Abstract

Three original microeconomic models of an externality market are described: (1) model of the marketable permits for exhalations emission, (2) model of optimal financial satisfaction of a damage caused by a negative externality in the economy with agents maximizing probability of their survival (generalized Coase theorem) and (3) model of optimal financial favor for agents provided a positive externality

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Paper provided by Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies in its series Working Papers IES with number 2008/29.

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Length: 19pages
Date of creation: Nov 2008
Date of revision: Nov 2008
Handle: RePEc:fau:wpaper:wp2008_29

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Find related papers by JEL classification:
D62 - Microeconomics - - Welfare Economics - - - Externalities
D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

This paper has been announced in the following NEP Reports:

NEP-ALL-2008-11-11 (All new papers)

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