Externalities and problems of nonconvexity and overhead costs in welfare economics

DOI10.1016/0022-0531(77)90128-4zbMath0364.90030OpenAlexW2008837519MaRDI QIDQ1241166

Yoshihiko Otani, Joseph Sicilian

Publication date: 1977

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(77)90128-4

Mathematics Subject Classification ID

Trade models (91B60) Convex sets in (n) dimensions (including convex hypersurfaces) (52A20)

Related Items (4)

Externalities and fundamental nonconvexities: a reconciliation of approaches to general equilibrium externality modeling and implications for decentralization ⋮ Fundamental nonconvexities in Arrovian markets and a Coasian solution to the problem of externalities ⋮ Ioffe's normal cone and the foundations of welfare economics: an example ⋮ Efficiency and nonlinear pricing in nonconvex environments with externalities: A generalization of the Lindahl equilibrium concept

Cites Work

• Convex Analysis
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