Pareto-optimality and gains-form-trade:
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Charles K. Rowley; Martin Walker
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Article
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1979
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Springer US
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English
โ 238 KB
Pareto-relevant marginal externalities are pervasive in the complex modern advanced economies and the policy instruments that have been devised to deal with them are legion. This paper reinterprets the central issues of a debate concerning the effectiveness of one such instrument, namely the Pigovia