The Technology of Public Goods, Externalities, and the Exclusion Principle

Abstract

Presented here are some notions which we hope will help researchers in their attempts to model various aspects of the complex situations which, currently, come tinder the heading of "externality problems." Roughly, the major theoretical idea is to exploit the advantages of separating into different structural models the consumer-based activities of consumption and acquisition and the producer-based activities of production, marketing, and revenue collection. The links between these activities can then be used to characterize types or classes of externality problems.

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