24 research outputs found

    The Quasi-Optimal Price of Undepletable Externalities: Comment

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    In a recent article in this journal Hamlen (1977) extends the Baumol-Oates result that an emission fee which achieves a given level of an undepletable externality does so at minimum cost to society. He also suggests a procedure for empirically deriving the value of this fee.

    Economic Environmental Policy Instruments

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    Tropical deforestation: Issues and policies

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