DE LA CROIX, David; GOSSERIES, Axel - Center for Operations Research and Econometrics (CORE), … - 2006
First, we briefly discuss the very idea of tradable quotas, looking at a set of cases in which it has been proposed (but not implemented) outside the realm of pollution control and natural resources management. Next we study a proposal of tradable procreation quotas. We generalize Boulding’s...