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Using the Environment — An Allocation Problem

  • Horst Siebert

Abstract

Technological externalities are nonmarket interdependencies among economic activities. Consider, for example, two production activities i and j. An externality exists if the output Q i in activity i depends on the output Qi or on the inputs R j of the other activity.

Keywords

Public Good Allocation Problem Abatement Cost Negative Externality Environmental Medium 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 1998

Authors and Affiliations

  • Horst Siebert
    • 1
  1. 1.Kiel Institute of World EconomicsKielGermany

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