Show how tradable allowances can be used to counteract anexternality, and discuss the pros and cons of such a solution.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter21: Demand: Consumer Choic
Section: Chapter Questions
Problem 15E
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Show how tradable allowances can be used to counteract an
externality, and discuss the pros and cons of such a solution.

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