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The Invisible Hand and Externalities


  • Maskin, Eric S


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  • Maskin, Eric S, 1994. "The Invisible Hand and Externalities," American Economic Review, American Economic Association, vol. 84(2), pages 333-337, May.
  • Handle: RePEc:aea:aecrev:v:84:y:1994:i:2:p:333-37

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    References listed on IDEAS

    1. Oded Galor & Joseph Zeira, 1993. "Income Distribution and Macroeconomics," Review of Economic Studies, Oxford University Press, vol. 60(1), pages 35-52.
    2. Thomas Piketty, 1992. "Imperfect Capital Markets and Persistence of Initial Wealth Inequalities," STICERD - Theoretical Economics Paper Series 255, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    3. repec:cep:stitep:/1992/255 is not listed on IDEAS
    4. Legros, Patrick & Newman, Andrew F., 1996. "Wealth Effects, Distribution, and the Theory of Organization," Journal of Economic Theory, Elsevier, vol. 70(2), pages 312-341, August.
    5. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    Cited by:

    1. Johansson-Stenman, Olof, 2006. "Optimal environmental road pricing," Economics Letters, Elsevier, vol. 90(2), pages 225-229, February.
    2. Ilya Segal, 1998. "Contracting with Externalities," Public Economics 9802002, EconWPA.
    3. Baliga, Sandeep & Maskin, Eric, 2003. "Mechanism design for the environment," Handbook of Environmental Economics,in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 7, pages 305-324 Elsevier.
    4. Mohammad Arzaghi, 2005. "Quality Sorting and Networking: Evidence from the Advertising Agency Industry," Working Papers 05-16, Center for Economic Studies, U.S. Census Bureau.
    5. Valentin Goranko & Paolo Turrini, 2016. "Two-Player Preplay Negotiation Games with Conditional Offers," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 18(01), pages 1-31, March.

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