This book presents an updated and expanded discussion of theoretical treatment of externalities (i.e. uncompensated interdependencies), public goods, and club g

This state-of-the art collection of papers analyses various aspects of the theory of externalities and public goods. The contributions employ new analytical tec

Assertions of market failure are usually based on Paul Samuelson's theory of public goods and externalities. This book both develops that theory and challenges

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Increasingly, the consequences of globalization call for the involvement not only of national governments but of the international development community as a wh