Bruce Hamilton and Peter Kahn conducted a CBA of the Ballpark at Camden Yards - home of Major League Baseball’s Baltimore Orioles - from the perspective of Maryland residents. They found the net cost to Maryland taxpayers was $10.6 million per year, or $14.20 per household. Using concepts from class, explain briefly why it may have been rational to build the stadium, in spite of these results.

Bruce Hamilton and Peter Kahn conducted a CBA of the Ballpark at Camden Yards - home of Major League Baseball’s Baltimore Orioles - from the perspective of Maryland residents. They found the net cost to Maryland taxpayers was $10.6 million per year, or $14.20 per household. Using concepts from class, explain briefly why it may have been rational to build the stadium, in spite of these results.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter28: Antitrust And Regulation

Section: Chapter Questions

Problem 10E

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See attached image for marginal abatement cost table and question