Andres de Loera
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fisheconandres.bsky.social
Andres de Loera
@fisheconandres.bsky.social
PhD student at Harvard Econ
Environmental and Natural Resource Economics 🐟🌊
My friend and I actively want to Coasean bargain over his smoking. Unfortunately, I believe this is impossible, and a problem that is more general in environmental economics! A short thread on my first Substack post...
Read the full post here:
andresdeloera.substack.com/p/can-coase-...
Can Coase or Pigou stop my friend from smoking?
Knowledge of counterfactuals is a critical component of Coasean bargaining, likely to fail in many simple settings.
andresdeloera.substack.com
February 3, 2025 at 10:18 PM