EUI Working Paper: SPSEuropean University Institute, 1995 - Europe |
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Page 4
... effects which economists have attempted to classify on a lengthening list of externalities . A negative externality exists when the action of one individual , one firm , or one government impose uncompensated costs on other individuals ...
... effects which economists have attempted to classify on a lengthening list of externalities . A negative externality exists when the action of one individual , one firm , or one government impose uncompensated costs on other individuals ...
Page 5
... effects . Hence , local regulation of a local market failure may create an international policy externality . Similarly , local authorities have sometimes controlled air pollution by requiring extremely tall smokestacks on industrial ...
... effects . Hence , local regulation of a local market failure may create an international policy externality . Similarly , local authorities have sometimes controlled air pollution by requiring extremely tall smokestacks on industrial ...
Page 7
... effects of their decisions ; if they were well- informed about one another's intentions ; and if the costs of organizing and implementing policy coordination were negligible , international externalities and other market failures could ...
... effects of their decisions ; if they were well- informed about one another's intentions ; and if the costs of organizing and implementing policy coordination were negligible , international externalities and other market failures could ...
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Arpád SZAKOLCZAI Author Title bargaining behaviour budget bureaucracy Coase Coase theorem comitology Commission officials committees contractual partners Council of Ministers countries Court credibility decisions Dehousse delegation dilemma of regulatory EC policy Economic Eichener enforcement EUI Working Paper Europe European Commission European Community European institutions European level European Union European University Institute expertise founding treaties Giandomenico MAJONE Hans-Peter BLOSSFELD health and safety Hence Idem imperfect commitments implementation important independence Interest-group Politics intergovernmental agreement issues Jean BLONDEL legislation Maastricht Treaty Milgrom and Roberts mistrust monitor Motivational Factors mutual recognition national experts national governments national regulators objectives policy entrepreneur policy externalities policy innovation political control problem Public regulatory complexity regulatory federalism regulatory powers relational contracting Single European Act single European market Social Dumping social policy social regulation social regulatory measures structure students of EC supranational institutions supranational level technical theory transaction costs University Press Wildavsky Williamson