Environmental applications of the Coase Theorem
Environmental Science & Policy(2021)
摘要
•We present case studies to test the applicability of the Coase Theorem to environmental externalities.•We show that Coase-like bargaining can increase welfare and be effective in reducing pollution, also when there are more than two parties involved.•Coase-like bargaining is a viable alternative for environmental problems that are hard to solve with other policy instruments, such as taxes and subsidies.
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关键词
C78,H23,Q50
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