Publication detail

Microeconomic models of externality market, generalized Coase theorem

Author(s): prof. RNDr. Jiří Hlaváček CSc.,
PhDr. Michal Hlaváček Ph.D.,
Type: IES Working Papers
Year: 2008
Number: 0
ISSN / ISBN:
Published in:
Publishing place: UK FSV Praha
Keywords:
JEL codes:
Suggested Citation:
Abstract: Three original microeconomic models of an externality market are described: (1) model of the marketable permits for exhalations emission, (2) model of optimal financial satisfaction of a damage caused by a negative externality in the economy with agents maximizing probability of their survival (generalized Coase theorem) and (3) model of optimal financial favor for agents provided a positive externality.

Partners

Deloitte
McKinsey & Company
Moneta Money Bank

Sponsors

CRIF
ČSOB