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Detail
ArtikelCoase, Competition, and Compensation  
Oleh: Varian, Hal R.
Jenis: Article from Bulletin/Magazine
Dalam koleksi: JAPAN AND THE WORLD ECONOMY vol. 7 no. 1 (1995), page 13-28.
Topik: competition; coase; competition; compensation
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: JJ47.5
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelI show that the Pigovian solution to a simple externalities problem and a particular Coasian solution can be viewed as competitive equilibria from different initial endowments. I also describe the "compensation mechanism,” a mechanism that implements either the Coasian or Pigovian solution as the outcome of an economically natural bargaining game.
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