Altruism and externalities

被引:0
作者
Victorio, Andres G. [1 ,2 ]
机构
[1] Victoria Univ Wellington, Wellington 6015, New Zealand
[2] Ateneo Univ, Wellington 6015, New Zealand
关键词
D O I
10.1080/13504850701578868
中图分类号
F [经济];
学科分类号
02 ;
摘要
The Coase theorem and the Rotten-Kid theorem are compared against each other in a simplified model of altruism and externalities. The efficiency predictions of the Coase theorem are found to be unaltered by the altruism, whereas those of the Rotten-Kid theorem are found to be applicable only to a more specialized type of social-welfare function.
引用
收藏
页码:1529 / 1531
页数:3
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