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Information externalities, analyst research resource allocation, and stock pricing efficiency
Information is key to decision-making and is a major determinant of investment performance. We hypothesise that as analysts are constrained by their research resources, they collect information with more externalities. Measuring information externalities
Chenyu Cui, Guihua He, Deren Xie
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AbstractNovel externalities are social activities for which the emerging cost (or benefit) of the spillover is unknown and must be discovered. Negative novel externalities have regained international salience following the COVID-19 pandemic. Such cases frequently are invoked as evidence of the limits of liberal political economy for dealing with public
Nick Cowen, Eric Schliesser
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The spatial unit of urban agglomerations is extremely important for reducing negative externalities in large cities. Although there is a large body of literature on reducing negative externalities within a single city, few studies have focused on the ...
Songlin Zhang +3 more
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Externalities, scarcity, and abundance
IntroductionDo externalities work and matter differently in a world of scarcity vs. a world of abundance? In this article, we critically examine the economic phenomena of externalities.
Brett M. Frischmann, Giovanni B. Ramello
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Murray Rothbard and Ludwig von Mises argued that cases of negative externalities all turn out to be instances of failure of government to enforce individual property rights adequately.
Robert Batemarco
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Negative externalities in the sharing economy: sources, paths and recommendations [PDF]
Purpose - This paper aims to clarify the complex path of negative externalities in the sharing economy and proposes corresponding policy recommendations.
Wenjun Jing, Baowen Sun
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FARM CONSOLIDATION AS AN EXAMPLE OF INTERNALIZING EXTERNALITIES IN AGRICULTURE [PDF]
The paper deals with the issue of internalising external effects arising during agricultural production. An example was the account of an agritourism farm and a swine farm.
Tomasz Pajewski
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Allocative and Informational Externalities in Auctions and Related Mechanisms [PDF]
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.
Jehiel, Philippe, Moldovanu, Benny
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Network Externalities and Downstream Collusion under Asymmetric Costs: A Note
This paper considers the collusive stability of downstream competition in a vertical market with network externalities and cost asymmetry. A dynamic collusion game is constructed, and backward induction is employed to solve the subgame perfect Nash ...
Jen-Yao Lee +2 more
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Otricatel'nye vneshnie jeffekty i ustojchivoe razvitie v sfere jenergetiki [Negative externalities and sustainability of energy sector] [PDF]
The article evaluates negative externalities of the electricity industry and possibilities for the sustainable development. The concept of negative externalities of the electricity industry and evaluation and internalization of the negative externalities
Ciegis Remigijus, Pusinaite Rasa
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