Efficient Pollution Regulation: Getting the Prices Right: Reply

Fraas and Lutter raise two important points in their comment on Muller and Mendelsohn (2009): How to design policies for sources that yield negative marginal damages? How does statistical uncertainty in the marginal damages affect the trading ratios across emitters? We address both issues in this response. (JEL H53, Q53, Q58)

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Year of publication:	2012
Authors:	Muller, Nicholas Z. ; Mendelsohn, Robert
Published in:	American Economic Review. - American Economic Association - AEA. - Vol. 102.2012, 1, p. 608-12
Publisher:	American Economic Association - AEA

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Extent:	application/pdf application/zip
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009492841