The Positive Analysis of Consumption Externalities

Emanuela Randon

Economia politica, 2011, issue 2, 241-264

Abstract: We present a survey on the positive analysis of consumption externalities. The aim is to analyse the effect of externalities on individual behaviour in a partial equilibrium framework. After a general discussion on external effects on individual decisions, we analyse the implications on utility and demand of different formalisations of these phenomena. Firstly, we present models in which the externality is a parameter, then we focus on most recent developments in which the externality is a function. We conclude with a discussion on the restrictions required to test the presence of externality in markets. We present also a new behavioural definition and an extensive model of externality which includes public goods.

Keywords: D11; D62 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1428/35096 (application/pdf)
https://www.rivisteweb.it/doi/10.1428/35096 (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:jb33yl:doi:10.1428/35096:y:2011:i:2:p:241-264

Access Statistics for this article

Economia politica is currently edited by Alberto Quadrio Curzio, Giorgio Lunghini, Pier Carlo Nicola

More articles in Economia politica from Società editrice il Mulino
Bibliographic data for series maintained by ().