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Detrimental externalities, pollution rights, and the “Coase theorem”

✍ Scribed by John S. Chipman; Guoqiang Tian


Publisher
Springer
Year
2011
Tongue
English
Weight
458 KB
Volume
49
Category
Article
ISSN
0938-2259

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The political feasibility of full owners
✍ W. P. Welch 📂 Article 📅 1983 🏛 Springer US 🌐 English ⚖ 956 KB

The present paper investigates the political feasibility of policies to control pollution and fishing. It first hypothesizes the following: when common or usufruct property rights are changed to full ownership, the new policy is not an unadulterated charge or auctioned license because of the implied