Reference

Jean Tirole, From Pigou to Extended Liability: On the Optimal Taxation of Externalities under Imperfect Financial Markets, IDEI Working Paper, n. 503, September 2008.

JEL codes

  • D62: Externalities
  • D82: Asymmetric and Private Information • Mechanism Design
  • H23: Externalities • Redistributive Effects • Environmental Taxes and Subsidies
  • J65: Unemployment Insurance • Severance Pay • Plant Closings

Jean Tirole, From Pigou to Extended Liability: On the Optimal Taxation of Externalities under Imperfect Financial Markets, The Review of Economic Studies, vol. 77, n. 2, April 2010, pp. 697–729.