CONSUMPTION, production, and investment decisions of individuals, households, and firms often affect people not directly involved in the transactions. Sometimes these indirect effects are tiny. But ...

Consumption, production, and investment decisions of individuals, households, and firms often affect people not directly involved in the transactions. Sometimes these indirect effects are tiny. But ...

This paper provides a theory of general equilibrium with externalities and/or monopoly. We assume that the firm's decisions are based on the preferences of shareholders and/or other stakeholders.

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Michael Boyle is an experienced financial professional with more than 10 years ...

This is a preview. Log in through your library . Abstract I describe a class of simple two-stage mechanisms that implement efficient allocations as subgame-perfect equilibria for economic environments ...

Al Gore and David Blood’s op-ed “ESG Investing Is Consistent with Fiduciary Duty” (Nov. 9) includes two examples that highlight the best way to handle externalities, the economic term for costs ...

I teach economics at the University of Regina. In our introductory microeconomics course, I teach students about ‘externalities’. In economics, ‘externalities’ are costs and benefits that are felt by ...

Sir, Jonathan Ford raises some important questions in his Inside Business column on the support that renewable sources of energy receive from the UK government (“Reforms needed to balance hidden costs ...

This course is compulsory on the BSc in Economics and Economic History, BSc in Environmental Policy with Economics, BSc in Finance, BSc in Geography with Economics, BSc in International Social and ...

Speaker: Owen Ozier is an economist in the Development Research Group, Human Development and Public Services Team. He received his M.Eng. and B.S. degrees in Electrical Engineering and Computer ...