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Cataloged Resource Summary

 

Title

An Experiment on Externality Rights

Author

Jim Stodder

Categories

Welfare Economics: Allocative Efficiency, Externalities, Fairness, Altruism
Law and Economics

Type

Non-computerized experiment

Description

This experiment is simple and fun, but I have found it useful to make some Law and Economics points about externality rights and efficient specification of right, following Ronald Coase and Richard Posner.

URL

http://mcnet.marietta.edu/~delemeeg/expernom/s96.html#stod

Home URL

http://mcnet.marietta.edu/~delemeeg/expernom.html
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