This state-of-the art collection of papers analyses various aspects of the theory of externalities and public goods. The contributions employ new analytical techniques like the aggregative game approach, and discuss the philosophical underpinnings of the theory. Furthermore, they highlight a range of topical empirical applications including climate policy and counterterrorism. This contributed volume was written in memory of Richard C. Cornes, a pioneer in the theory of externalities and public goods.
"The Theory of Externalities and Public Goods: Essays in Memory of Richard C. Cornes provides a variety of state-of-the-art essays on the topics of public goods, contests, and clubs. It includes many real-world applications, such as to environmental policies and climate change. Professor Richard Cornes has had a tremendous and far-reaching intellectual influence, so it is not surprising that the book contains several outstanding contributions." (Nizar Allouch, Journal of Economic Literature, Vol. 56 (4), December, 2018)
