On Internalization of Externalities

dc.contributor.author	Gupta, Anil K.	en_US
dc.contributor.author	Prakash, Aseem	en_US
dc.date.accessioned	2009-07-31T15:16:33Z
dc.date.available	2009-07-31T15:16:33Z
dc.date.issued	1993	en_US
dc.date.submitted	2009-07-02	en_US
dc.date.submitted	2009-07-02	en_US
dc.description.abstract	"Externalities can be internalized through market mechanism, government regulation, or self-governing institutions or a mix of these institutions. We recommend the institutional route which minimizes total cost (sum of technology, management, and transaction costs) to the firm. These costs are influenced by the externality attributes (occurrence, polluter, spatial, time, and technology). Different institutions may be appropriate for different stages and social contexts of an externality."	en_US
dc.identifier.uri	https://hdl.handle.net/10535/4391
dc.publisher.workingpaperseries	Indian Institute of Management, Ahmedabad, India	en_US
dc.relation.ispartofseries	Working Paper, no. 1126	en_US
dc.subject	common pool resources--theory	en_US
dc.subject	externalities	en_US
dc.subject	transaction costs	en_US
dc.subject	Workshop	en_US
dc.subject.sector	Theory	en_US
dc.title	On Internalization of Externalities	en_US
dc.type	Working Paper	en_US

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