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Air Pollution And Government Itervention
Essay specific features
Written by:
Eugene P
Date added:
January 31, 2014
Level:
College
Grade:
A
No of pages / words:
1 / 174
Was viewed:
9830 times
Rating of current essay:
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...
displayed 300 characters
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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
General issues of this essay:
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