The level of the marginal damages

Assignment Help Business Economics
Reference no: EM131392463

Suppose the government does not know the level of the marginal damages, but that the neighbors themselves can effectively petition the government to impose a Pigouvian tax of any size after a failed negotiation. What will the set of outcomes of these negotiations include? Lets say the government wanted to implement the efficient quantity but with this feedback mechanism, how might the government implement a reporting scheme (with possible fines on both sides) to insure an efficient outcome if the original model does not. What if the government has access to a costly auditing technology?

Reference no: EM131392463

Questions Cloud

Develop a voltage to current converter : Develop a voltage-to-current converter that satisfies the requirement I = 0.0021 Vm. If the op amp saturation voltage is V and the maximum current delivery is 5 mA, find the maximum load resistance.
Benefits to pollution reduction to entirely disappear : Suppose a permit case like in textbook with m_1 > m_2 and the cost of reducing emissions equal to m_1/2 e^2. Suppose also that the firms must borrow to pay for permits at firm specific interest rates r_1 and r_2. Give a condition for the benefits to ..
Summarize the purpose of swot analysis : Describe strategic planning, strategic process and identify health care market powers, trends, and the potential impact on health services. In addition, the student will be able to define the links between market volume forecast, core customer, mi..
Find the work done in stretching the wire : A vertically suspended wire has a cross-sectional area of 0.1 in.2. A downward force, applied to the end of the wire, causes the wire to stretch. The force is increased linearly from initially zero to 2500 lb, and the length of the wire increases ..
The level of the marginal damages : Suppose the government does not know the level of the marginal damages, but that the neighbors themselves can effectively petition the government to impose a Pigouvian tax of any size after a failed negotiation. What if the government has access to a..
Interpret the coefficient on each of the binary variables : Suppose that you were hired as a consultant to B College to examine the factors which affect a student’s academic performance at B College. Write an econometric model which allows you to estimate the factors that determine students’ academic performa..
Analyze preventive services for womens and mens health : Locate and review additional articles about research on hormone replacement therapy for women and/or men. Consider the strengths and limitations of hormone replacement therapy.Based on your research of the strengths and limitations, again reflect ..
Analyse the possible causes of the performance problem : BSBMGT502 Manage people performance Assignment. Analyse the possible causes of the performance problem. Develop and explain supportive strategies for resolving the performance problem, utilising a managing for improved performance approach
Find the power transmitted to the pulley : Figure P1.48 shows an object whose mass is 5 lbm attached to a rope wound around a pulley.

Reviews

Write a Review

 

Business Economics Questions & Answers

  How does the code relate to protecting the public

Many professional accountants believe that the main purpose of accounting standards is to protect the public. With that in mind, what do you think are the main objectives of the AICPA code of professional conduct and how does the code relate to prote..

  Finding consumer surplus-producer surplus and tax revenue

Little confused on finding Consumer Surplus, Producer Surplus and Tax Revenue when tax is involved. I’m use to seeing the supply and demand lines extending to the y axis so i can find out the CS and PS easily by taking the area of the triangles betwe..

  We expect positive supply shock to do to the real wage

What would we expect a positive supply shock to do to the real wage? Employment? Explain. The rate of growth in Canada's real GDP is expected to be only 2% next year. What do you predict will happen to the unemployment rate? Explain.

  What is price of an additional dollar of local spending

What is price of an additional dollar of local spending in each case. Which of two methods do you think would lead to higher levels of local spending on roads. Explain your answer.

  The market for tennis shoes has a horizontal supply curve

The market for tennis shoes has a horizontal supply curve and a linear, downward-sloping demand curve. Currently the government imposes a tax of t on every pair of tennis shoes sold and does not tax other goods. The government is considering a plan t..

  Strategic response to foreign exchange risks

How do you evaluate Jobeks situation from the resource based view and institution based view? Why have resources and institutions hindered Barney to cope with the foreign exchange situation, but simultaneously helped him to turn this company around? ..

  Consider the labor market with frictions

Consider the labor market with frictions as in Diamond-Mortensen-Pissarides (Chapter 6). A fall productivity in that model leads to. Mutual funds that leverage (borrow money) for investment projects in securities and other lower-risk projects by pool..

  Consumers utility-maximizing bundle of goods

A consumer's utility is given by U(X,Y)=X^0.25*Y^0.75. (To be clear, ^ denotes exponentiation, so the utility function is X to the 0.25 power multiplied by Y to the 0.75 power.) What is the number of units of good X in the consumer's utility-maximizi..

  Elucidate what economic-political and cultural factors

Elucidate what economic, political, and cultural factors do HR managers need to consider when sending employees to work internationally.

  Describe the impact of a payroll tax on wages

Describe the impact of a payroll tax on wages and employment in a competitive industry. Why is part of the tax shifted to workers? What is the deadweight loss of the payroll tax?

  End of the academic year with degree in engineering

Josh is graduating at the end of the academic year with a BS degree in engineering. He already had an offer with a good company for $58,000. He has learned that those who continue along a technical path in the company typically receive increases of 6..

  Again evaluate the effects on long run growth

In the summer of 2010, Congress passed a far-reaching financial reform to prevent another financial crisis like the one experienced in 2008-2009. Consider the following possibilities: Show the consequences of the policy in this situation on a new gra..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd