Add to ORKGThis paper studies the welfare improvement properties of a market of allowances in an economy with a single type of externality. We show that thanks to the opening of such a market the Pareto optima can be decentralized as marginal pricing equilibria. However, the set of equilibria is much larger than this of Pareto optima. In order to discriminate the efficient equilibria we introduce a demand revealing mechanism tailored for this framework.
We consider a pure exchange economy with consumption externalities in preferences. We use the notion...
This paper analyzes the effects of consumption externalities on optimal taxation and on the social c...
There is a rather remarkable and surprisingly uncontroversial result in economic theory known as the...
International audienceThis paper studies the welfare improvement properties of a market of allowance...
URL des Documents de travail :http://ces.univ-paris1.fr/cesdp/CESFramDP2007.htmDocuments de travail ...
This paper studies the welfare improvement properties of a market of allowances in an economy with a...
L’article analyse l’influence de l’ouverture d’un marché de droits, du type permis d'émissions négo...
We propose a general equilibrium analysis of the economic consequences of the opening of new markets...
URL des Documents de travail :http://ces.univ-paris1.fr/cesdp/CESFramDP2007.htmDocuments de travail ...
We show that in almost every economy with separable externalities, every competitive equilibrium can...
By distinguishing between producible and nonproducible public goods, we are able to propose a genera...
We study competitive economies with adverse selection and fully exclusive contractual relationships....
Scarf's economy has been a vehicle in understanding stability properties in exchange economies. The ...
Créé le 26 février 2009. Révisé en Avril 2010.Despite the large number of its references, this paper...
In our previous paper, "Optimal Allocation of Public Goods...," (1977) we presented a mechanism for ...
We consider a pure exchange economy with consumption externalities in preferences. We use the notion...
This paper analyzes the effects of consumption externalities on optimal taxation and on the social c...
There is a rather remarkable and surprisingly uncontroversial result in economic theory known as the...
International audienceThis paper studies the welfare improvement properties of a market of allowance...
URL des Documents de travail :http://ces.univ-paris1.fr/cesdp/CESFramDP2007.htmDocuments de travail ...
This paper studies the welfare improvement properties of a market of allowances in an economy with a...
L’article analyse l’influence de l’ouverture d’un marché de droits, du type permis d'émissions négo...
We propose a general equilibrium analysis of the economic consequences of the opening of new markets...
URL des Documents de travail :http://ces.univ-paris1.fr/cesdp/CESFramDP2007.htmDocuments de travail ...
We show that in almost every economy with separable externalities, every competitive equilibrium can...
By distinguishing between producible and nonproducible public goods, we are able to propose a genera...
We study competitive economies with adverse selection and fully exclusive contractual relationships....
Scarf's economy has been a vehicle in understanding stability properties in exchange economies. The ...
Créé le 26 février 2009. Révisé en Avril 2010.Despite the large number of its references, this paper...
In our previous paper, "Optimal Allocation of Public Goods...," (1977) we presented a mechanism for ...
We consider a pure exchange economy with consumption externalities in preferences. We use the notion...
This paper analyzes the effects of consumption externalities on optimal taxation and on the social c...
There is a rather remarkable and surprisingly uncontroversial result in economic theory known as the...