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  • Search: subject:"Clarke’s normal and tangent cones"
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Year of publication
Subject
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Clarke’s normal and tangent cones 1 externalities 1 fundamental nonconvexities 1 public goods 1
Online availability
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Free 1
Type of publication
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Book / Working Paper 1
Language
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English 1
Author
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Murty, Sushama 1
Institution
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Department of Economics, University of Warwick 1
Published in...
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The Warwick Economics Research Paper Series (TWERPS) 1
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RePEc 1
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Externalities and Fundamental Nonconvexities : A Reconciliation of Approaches to General Equilibrium Externality Modelling and Implications for Decentralization
Murty, Sushama - Department of Economics, University of Warwick - 2006
By distinguishing between producible and nonproducible public goods, we are able to propose a general equilibrium model with externalities that distinguishes between and encompasses both the Starrett [1972] and Boyd and Conley [1997] type external effects. We show that while nonconvexities...
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