5,835 research outputs found

    Irrelevant externality angst.

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    Due to the high transaction cost that would be necessary for large numbers of people to negotiate with each other, even those who are usually sanguine about private markets become reserved when externalities affect large populations. The distinction between private and societal interest is well understood for pecuniary externalities, but neglect of Buchanan and Stubblebine’s article Externality has left the same distinction widely unrecognized for non-pecuniary ones. If only a few parties on either side experience a relevant externality private interactions can appropriately internalize costs and benefits across the entire population. Regardless of the perceptiveness of legal and cultural institutions in placing entitlements, and regardless of the level of transaction cost among the universe of the affected, a surprising number of externalities will readily fix themselves. The desirability of corrective intervention is much too easily conceded.

    Engineering feasibility study of a kilometer wave orbiting telescope, phase 2 Final report

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    Engineering feasibility study on structural dynamics, antenna electrical properties, and systems of kilometer wave orbiting telescop

    Investigation of galactic and planetary radio astronomy Third semiannual status report, Jan. - Jun. 1965

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    Galactic and planetary radio astronomy - sounding rocket launch, orbiting telescope, carbon-oxygen complex photochemistry, Mars ionosphere, topside electron density, and nonrigid bodie

    OGO-3 data reduction. OGO-2 and 4 data analysis Final technical report, 30 Sep. 1967 - 15 Aug. 1968

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    Data processing summary for OGO radio astronomy experiment

    Investigation of Galactic and Planetary Radio Astronomy Status Report, Jul. - Dec. 1965

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    Sounding rocket flight to measure cosmic radiation intensity and studies of Martian atmosphere and ionospher

    Results from Orbiting Geophysical Observatory 1 Final scientific report

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    Operational performance of radiometer antenna on OGO-
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