KnowraArthur Cecil PigouLinked fromLinked fromThe 6 pages that link to Arthur Cecil Pigou, each with the reason it gives.All 6Broader topic 1Related 5Welfare economicsRelated: His account of private and social costs helped frame policies for market failures.Pigouvian taxBroader topic: His analysis of divergences between private and social costs gave the tax its name.MonopsonyRelated: Pigou’s welfare framework helps explain the surplus losses associated with restricted purchasing.Coase theoremRelated: Coase’s account of externalities directly engaged with Pigou’s framework for social costs.Natural monopolyRelated: Pigou developed influential arguments about regulating industries with imperfect competition.Alfred MarshallRelated: Pigou succeeded Marshall at Cambridge and extended the welfare tradition associated with him.