The Result That,under Certain Circumstances,no Government Action Is Needed to Control

question 39

Multiple Choice

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.

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