On internalization of externalities

dc.contributor.author	Gupta, Anil K.
dc.contributor.author	Prakash, Aseem
dc.date.accessioned	2010-03-27T06:31:54Z
dc.date.available	2010-03-27T06:31:54Z
dc.date.copyright	1993-08
dc.date.issued	2010-03-27T06:31:54Z
dc.identifier.uri	http://hdl.handle.net/11718/1690
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
dc.language.iso	en	en
dc.relation.ispartofseries	WP;1993/1126
dc.subject	Internalization	en
dc.subject	Externalities	en
dc.title	On internalization of externalities	en
dc.type	Working Paper	en