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'...

We devise a system of coupled incentives that stimulate economic agents to coordinate their actions. The agents are price takers and their actions would be independent of one another (“uncoupled”) if incentives were not implemented. The action coordination is expected to help a technology...