Title |
An Experiment on Externality Rights
|
Author |
Jim Stodder |
|
Categories
|
Welfare Economics: Allocative Efficiency, Externalities, Fairness, Altruism
Law and Economics
|
Type |
Non-computerized experiment |
Description |
This experiment is simple and fun, but I have found it useful to make some Law and Economics points about externality rights and efficient specification of right, following Ronald Coase and Richard Posner. |
URL |
http://mcnet.marietta.edu/~delemeeg/expernom/s96.html#stod |
Home URL |
http://mcnet.marietta.edu/~delemeeg/expernom.html |
