Working paper

From Pigou to Extended Liability: On the Optimal Taxation of Externalities under Imperfect Financial Markets

Jean Tirole

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

Replaced by

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.

See also

Published in

IDEI Working Paper, n. 503, September 2008