Air Pollution And Government Itervention

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Eugene P

 

Date added:

January 31, 2014

 

Level:

College

 

Grade:

A

 

No of pages / words:

1 / 174

 

Was viewed:

9824 times

 

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Essay content:

Market is costly. After the defination of private property rights on air, it is very difficult, even impossible to charge the people who pollute air. The transaction costs of doing so is considerable. The market for exchanging rights to pollute air is too costly to establish. Because of enormous transaction costs, the government which she can tackle the pollution with least transaction costs is responsible to take that job...
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Market is costly. After the defination of private property rights on air, it is very difficult, even impossible to charge the people who pollute air. The transaction costs of doing so is considerable. The market for exchanging rights to pollute air is too costly to establish. Because of enormous transaction costs, the government which she can tackle the pollution with least transaction costs is responsible to take that job...
displayed 300 characters

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