Decentralization, externalities, and efficiency

Keyphrases

• External Effects 100%
• Decentralization 100%
• Subsidies 50%
• Research Partnerships 50%
• Decentralized Systems 50%
• Common Knowledge 50%
• Private Information 50%
• Environmental Hazards 50%
• Efficient Outcomes 50%
• Endogenous Growth 50%
• Second-best Solution 50%
• Pigovian Tax 50%
• Competitive Model 50%
• Coase 50%
• Individual Autonomy 50%

Economics, Econometrics and Finance

• Pigouvian Tax 33%