Detrimental externalities, pollution rights, and the ``Coase theorem

DOI10.1007/s00199-011-0602-1zbMath1276.91082OpenAlexW2109726157MaRDI QIDQ663207

John S. Chipman, Guoqiang Tian

Publication date: 14 February 2012

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

Full work available at URL: https://doi.org/10.1007/s00199-011-0602-1

zbMATH Keywords

Coase theoremparallel preferencespollution rights

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Special types of economic markets (including Cournot, Bertrand) (91B54)

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Cites Work

• Taxes versus quantities for a stock pollutant with endogenous abatement costs and asymmetric information
• Capital growth in a global warming model: Will China and India sign a climate treaty?
• Intergenerational equity, efficiency, and constructibility
• Sustainable exploitation of a natural resource: a satisfying use of Chichilnisky's criterion
• Unspoken ethical issues in the climate affair: insights from a theoretical analysis of negotiation mandates
• Sustainable markets with short sales
• Global warming and economic externalities
• Sustainable recursive social welfare functions
• Theory of negative consumption externalities with applications to the economics of happiness
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