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上海财经大学微观经济学课件Chapter 34 Externalities
EVIDENCE ON LEARNING AND NETWORK EXTERNALITIES IN THE DIFFUSION OF HOME COMPUTERS.
There are many products for which the utility that a user derives from consumption of the good increases with the number of other agents consuming the good. There are several possible sources of these...
The rich literature on the economics of externalities has been confined to the analysis of certainty-perfect knowledge of the impact an action taken by one economic unit will have on another unit. The...
This paper examines the negative externalities that may occur when a large bank fails, describes the nature of those externalities, and explores whether they may be greater in a case involving a large...
This paper focuses on two mechanisms under which interest-rate feed-back rules induce local indeterminacy in a closed economy with capital accumulation: arbitrage activity and the pricing channel. It ...
This paper examines asset prices when risk-sharing externalities are incorporated into an infinite-horizon model where consumers are exposed to the endogenous income risks. It is shown that there exis...
The information externality in entrepreneurship theory argues that the social benefits arising from entrepreneurial actions are greater than the private gains. Entrepreneurs who discover profit oppo...
Charitable giving suffers from market failure, which means government redistribution and other forms of social insurance can be justified. According to market failure theorists, charitable giving fo...
This paper considers the screening problem faced by a monopolist of a network good in a general setting. We demonstrate that the joint presence of asymmetric information and network externalities revi...

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