Krawczyk, Jacek B.; Tidball, Mabel - LAboratoire Montpelliérain d'Économie Théorique et … - 2009
We consider a situation, in which a regulator believes that constraining a complex good created jointly by competitive agents, is socially desirable. Individual levels of outputs that generate the constrained amount of the externality can be computed as a Pareto efficient solution of the agents'...