Name: Externality and Institutions (en Inglés)
Price: 133200.00 CLP
Availability: InStock
Author: Andreas Papandreou
ISBN: 9780198293071

portada Externality and Institutions (en Inglés)

Formato

Libro Físico

Editorial

Oup Oxford

Autor

Andreas Papandreou

Año

1998

Idioma

Inglés

N° páginas

320

Encuadernación

Tapa Blanda

ISBN

0198293070

ISBN13

9780198293071

Categorías

Teoría y filosofía de la economía

Externality and Institutions (en Inglés)

Andreas Papandreou (Autor) · Oup Oxford · Tapa Blanda

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Reseña del libro "Externality and Institutions (en Inglés)"

Pollution, higher traffic noise, or a poisoned river are all examples of externalities―-costs (or benefits) which are imposed by an action but which are not built in to the price of that action. One of the problems of economic theory is whether, when analysing the desirability of a new road, for example, the costs that occur as externalities can be fully incorporated into the price of that road. Dr Andreas Papandreou has provided a book which fully explains and analyses the ideas lying behind the theory of externalities. Papandreou has made a survey of the various methodological approaches taken by economists to the issue of eternalities, and the failure of some markets to reconcile individual and social costs and benefits. He tackles the difficult issue of defining or characterizing externalities, surveys the current literature, and investigates the effect that externality theory has had on major economic issues. His major theme is an exploration of institutional inefficiency and the implications of incorporating organizational costs into economic models. Written in a non-technical style, this book is suitable not only for those economists who make a study of externalities, but for those who need to understand the theory for their own fields of research, and for postgraduate students.