allocation and pricing of space and an efficient allocation of incentives across stores. Certain stores generate externalities by …This Paper demonstrates that mall store contracts are written to internalize externalities through both an efficient …: (i) efficiently price the net externality of each store, and (ii) align the incentives to induce optimal effort by the …

We study the effects of allocative and informational externalities in (multi-object) auctions and related mechanisms …. Such externalities naturally arise in models that embed auctions in larger economic contexts. In particular, they appear … driving force behind many new, specific phenomena with allocative externalities: even in complete information settings …

This paper views authority as the right to undertake decisions that impose externalities on other members of the …

head. Demand externalities among imperfectly competitive firms do not in general provide a theoretical basis for these …