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  • Search: subject:"unobservable resource use"
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incentive mechanisms 1 non-point emissions 1 truthful revelation 1 unobservable resource use 1
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A Montero auction mechanism for regulating unobserved use of the commons
Hansen, Lars Gårn - 2015
Regulating externalities from the use of common resources is often hampered by the regulator's inability to accurately observe individual firms' resource use. Allocating resource use through taxes on aggregate use, which often can be observed, has been suggested (Segerson, 1988); however, these...
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