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Externality and Institutions

Andreas A. Papandreou, Andreas Papandreou




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 | #15343614 in Books |  1994-01-15 | Original language:English | PDF # 1 |  8.81 x.96 x5.63l, | File type: PDF | 304 pages

|| ||"The reader interested in externality theory, institutional analysis, or public policy will profit from reading this book. The author's analysis of the complex notion of externality emphasizes anew the inherent dilemma with the neoclassical idea of economic i

In this concise, distinctive survey of externality theory for economists, Papandreou looks at the various methodological approaches, tackles the difficult issue of defining or characterizing externalities, and investigates the effect that externality theory has had on major economic issues. His nontechnical account will be indispensable to economists, advanced students, and workers in other fields needing a clear exposition of this important concept.



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