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Convexity and corner solutions in the theory of externality |
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| Authors: | J Steven Winrich |
| Institution: | Department of Economics, Centre College of Kentucky, Danville, Kentucky 40422, USA |
| Abstract: | The purpose of this note is to reconsider the possibility of corner solutions in the theory of externality. Previous theories will be compared and analyzed in an attempt to develop a common perspective when viewing all-or-nothing possibilities. |
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