Résumé :
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This book presents a theoritical treatment of externalities, public goods, and club goods. The new edition updates and expends the discussion of externalities and their implications, coverage of asymmetric information, underlying game-theoritic formulations, and intuitive and graphic presentations. Aimed at well-prepared undergraduates and graduate students making a serious foray into this branch of economics, the analysis should also interest professional economists wishing to survey recent advances in the field. No other single source for the range of materials explored is currently available. Topics investigated include Nash equilibrium, Lindahl equilibria, club theory, the preference-revelation mechanism, Pigouvian taxes, the commons, the Coase theorem, and static and repeated games.
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