Theoretical Efficiency I N Pollution Control: Comment
نویسنده
چکیده
In a recent issue of this JournuZ, Richard 0. Zerbe [7] considered the effects of alternative assignments of liability for damage in the field of pollution control and presented a useful categorization and analysis of alternative methods of achieving any particular level of control. In the process, Zerbe makes some rather strong claims for the “Coase theorem” which deserve further discussion. For instance, Zerbe says that
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