IDEAS home Printed from https://ideas.repec.org/p/nwu/cmsems/87.html
   My bibliography  Save this paper

Information, Incentives and the Internalization of Production Externalities

Author

Listed:
  • Theodore Groves

Abstract

No abstract is available for this item.

Suggested Citation

  • Theodore Groves, 1974. "Information, Incentives and the Internalization of Production Externalities," Discussion Papers 87, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    • Handle: RePEc:nwu:cmsems:87
    as

    Download full text from publisher

    File URL: http://www.kellogg.northwestern.edu/research/math/papers/87.pdf
    File Function: main text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Alchian, Armen A & Demsetz, Harold, 1972. "Production , Information Costs, and Economic Organization," American Economic Review, American Economic Association, vol. 62(5), pages 777-795, December.
    2. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    3. Groves, Theodore & Loeb, Martin, 1975. "Incentives and public inputs," Journal of Public Economics, Elsevier, vol. 4(3), pages 211-226, August.
    4. 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.
    5. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-631, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Theodore Groves & John Ledyard, 1977. "Some limitations of demand revelaing processes," Public Choice, Springer, vol. 29(2), pages 107-124, March.
    2. Jean-Marie Blin & Mark A. Satterthwaite, 1975. "An Impossibility Theorem for Deterministic Organizations," Discussion Papers 129, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Philip H. Dybvig & Nancy A. Lutz, 1993. "Warranties, Durability, and Maintenance: Two-sided Moral Hazard in a Continuous-Time Model," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(3), pages 575-597.
    4. Laffont, Jean-Jacques, 1975. "Note historique sur les effets externes," L'Actualité Economique, Société Canadienne de Science Economique, vol. 51(3), pages 420-433, juillet.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Martin Gaynor, 1989. "The presence of moral hazard in budget breaking," Public Choice, Springer, vol. 61(3), pages 261-267, June.
    2. Steven G. Medema, 2020. "The Coase Theorem at Sixty," Journal of Economic Literature, American Economic Association, vol. 58(4), pages 1045-1128, December.
    3. Derek Jones & Panu Kalmi & Niels Mygind, 2005. "Choice of Ownership Structure and Firm Performance: Evidence from Estonia," Post-Communist Economies, Taylor & Francis Journals, vol. 17(1), pages 83-107.
    4. Kim, Jongwook & Mahoney, Joseph T., 2008. "A Strategic Theory of the Firm as a Nexus of Incomplete Contracts: A Property Rights Approach," Working Papers 08-0108, University of Illinois at Urbana-Champaign, College of Business.
    5. Thomas Doleys, 2009. "Incomplete Contracting, Commission Discretion and the Origins of EU Merger Control," Journal of Common Market Studies, Wiley Blackwell, vol. 47, pages 483-506, June.
    6. Alley Ibrahim S. & Adebayo Abimbola L. & Oligbi Blessing O., 2016. "Corporate Governance and Financial Performance Nexus: Any Bidirectional Causality?," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 50(1), pages 82-99, June.
    7. Thomas Vendryes, 2014. "Peasants Against Private Property Rights: A Review Of The Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 28(5), pages 971-995, December.
    8. Zoran Stefanovic, Branislav Mitrovic, 2015. "Revisiting New Institutional Economics: Basic Concepts And Research Directions," Ekonomika, Journal for Economic Theory and Practice and Social Issues 2014-04, „Ekonomika“ Society of Economists, Niš (Serbia).
    9. Kenneth Ayotte & Patrick Bolton, 2011. "Optimal Property Rights in Financial Contracting," The Review of Financial Studies, Society for Financial Studies, vol. 24(10), pages 3401-3433.
    10. Iavor Marangozov, 2005. "From Practice to Theory of the International Joint Ventures," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 44-77.
    11. Marianne Fischman & Emeric Lendjel, 2011. "Market efficiency and French « contrats types » : a transaction cost analysis of the voyage charter for freight inland waterway transport [Efficience du marché et « contrats types » : une analyse t," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-04008565, HAL.
    12. T. Tideman, 1983. "An experiment in the demand-revealing process," Public Choice, Springer, vol. 41(3), pages 387-401, January.
    13. Per-Olof Bjuggren & Johan Eklund, 2015. "Property rights and the cost of capital," European Journal of Law and Economics, Springer, vol. 39(3), pages 523-537, June.
    14. Gershkov, Alex & Li, Jianpei & Schweinzer, Paul, 2016. "How to share it out: The value of information in teams," Journal of Economic Theory, Elsevier, vol. 162(C), pages 261-304.
    15. Clark Robinson & Gerry Suchanek, 1985. "On the design of optimal mechanisms for the Arrow-Hahn-McKenzie economy," Public Choice, Springer, vol. 47(2), pages 313-335, January.
    16. Arnason, Ragnar, 2009. "Conflicting uses of marine resources: can ITQs promote an efficient solution?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(1), pages 1-30.
    17. Laurence E. Lynn Jr. & Carolyn J. Hill, 2001. "Producing Human Services: Why Do Agencies Collaborate?," JCPR Working Papers 219, Northwestern University/University of Chicago Joint Center for Poverty Research.
    18. Gary H. Jefferson, 1999. "Missing Market in Labor Quality: The Role of Quality Markets in Transition," William Davidson Institute Working Papers Series 260, William Davidson Institute at the University of Michigan.
    19. Kazuhiko Hashimoto & Hiroki Saitoh, 2010. "Domain expansion of the pivotal mechanism," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 34(3), pages 455-470, March.
    20. Jankovic Ivan & Block Walter, 2019. "Private Property Rights, Government Interventionism and Welfare Economics," Review of Economic Perspectives, Sciendo, vol. 19(4), pages 365-397, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nwu:cmsems:87. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Fran Walker (email available below). General contact details of provider: https://edirc.repec.org/data/cmnwuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.