Focusing on cases in which transaction costs prevent the existence of a private market for pollution abatement rights, address the following issues: Describe revealed preference, hedonic pricing and other used by regulators in order to gain insight about the social benefits of pollution abatement

Focusing on cases in which transaction costs prevent the existence of a private market for pollution abatement rights, address the following issues: Describe revealed preference, hedonic pricing and other used by regulators in order to gain insight about the social benefits of pollution abatement

Microeconomics A Contemporary Intro

10th Edition

ISBN:9781285635101

Author:MCEACHERN

Publisher:MCEACHERN

Chapter17: Externalities And The Environment

Section: Chapter Questions

Problem 13PAE

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Focusing on cases in which transaction costs prevent the existence of a private market for pollution abatement rights, address the following issues:

Describe revealed preference, hedonic pricing and other used by regulators in order to gain insight about the social benefits of pollution abatement.

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