• Thumbnail for Arthur Cecil Pigou
    Arthur Cecil Pigou (/ˈpiːɡuː/; 18 November 1877 – 7 March 1959) was an English economist. As a teacher and builder of the School of Economics at the University...
    18 KB (2,178 words) - 07:12, 31 January 2024
  • deflation. The term was named after Arthur Cecil Pigou by Don Patinkin in 1948. Real wealth was defined by Arthur Cecil Pigou as the summation of the money...
    8 KB (954 words) - 08:22, 11 August 2023
  • Thumbnail for Pigou
    surname Pigou forms part of the terms Pigou Club and Pigouvian tax, both derived from the name of the English economist Arthur Cecil Pigou. Pigou is an...
    3 KB (401 words) - 20:22, 23 January 2022
  • Pigouvian tax (redirect from Pigou tax)
    economist Arthur Cecil Pigou (1877–1959), who also developed the concept of economic externalities. William Baumol was instrumental in framing Pigou's work...
    52 KB (7,324 words) - 06:30, 21 May 2024
  • overall traffic flow through it. The paradox was first discovered by Arthur Pigou in 1920, and later named after the German mathematician Dietrich Braess...
    27 KB (3,748 words) - 05:12, 28 April 2024
  • Thumbnail for Externality
    works of economist Arthur Pigou in the 1920s. The prototypical example of a negative externality is environmental pollution. Pigou argued that a tax,...
    83 KB (10,630 words) - 20:57, 28 April 2024
  • levied with the intention of stymieing or limiting a market. Economist Arthur Pigou used the concept of externalities developed by Alfred Marshall to suggest...
    11 KB (1,213 words) - 11:26, 23 May 2024
  • William Beveridge and Arthur Pigou have continued to define economics in terms of material economic welfare. According to Pigou, "the range of enquiry...
    7 KB (876 words) - 09:01, 13 August 2023
  • describe environmental impacts as negative externalities. As early as 1920, Arthur Pigou suggested a tax to deal with externalities (see also the section on Increased...
    110 KB (14,322 words) - 14:50, 21 May 2024
  • Thumbnail for Road pricing
    Nobel-laureate William Vickrey then built on the ideas of the economist Arthur Pigou, outlining a theoretical case for road pricing in a major work on the...
    73 KB (7,845 words) - 00:43, 2 February 2024