The result that, under certain circumstances, no government action is needed to control an externality because it can be eliminated by bargaining between the affected parties is called
A) a Nash equilibrium.
B) Coase Theorem.
C) Bargaining Theorem.
D) English Bargaining.
B
Economics
You might also like to view...
Which of the following has been the largest organized group of U.S. unions during the past 50 years?
A) AFL-CIO B) AFL C) CIO D) Change to Win
Economics
In most rich countries, adult citizens typically have a
A. primary education. B. secondary education. C. higher education. D. graduate-level education.
Economics