Economic principles of mbis, Public Economics

Economic Principles of MBIs

The MBIs have been based on the economic principles such as tax, user charge, incentive, markets, compensation, and property rights. It is worth distinguishing these instruments further on the basis of the instruments that follow polluter-pays principle and other instruments. The polluter-pays principle underlines the fact that the polluter should pay for the use, damage and scarcity of natural resources. The fiscal instruments and charge instruments on the basis of their implied command for the payment for having used the resources and contributed to their pollution level may be categorized as the instruments which follow polluter-pays principle. On the other hand, other instruments work on the economic principles like incentives (financial instruments) creation of rights (redefining property rights), creation of markets (tradable emission permits, deposit-refund system and bonds), and compensation for inflecting the damage (liability).

Table: Taxonomy of MBls based on the Polluter-Pays Principle and other Instruments

 

1394_Economic Principles of MBIs.png

Posted Date: 12/18/2012 7:06:17 AM | Location : United States







Related Discussions:- Economic principles of mbis, Assignment Help, Ask Question on Economic principles of mbis, Get Answer, Expert's Help, Economic principles of mbis Discussions

Write discussion on Economic principles of mbis
Your posts are moderated
Related Questions
Our economic systems are of this type and share for general properties. a) Dissipative systems transform energy and process information to maintain a state of organization that

QUESTION a) How would the strategy of a firm faced with repeated games differ from that faced with sequential games? b) What do you understand by an optimal level of poll

explanation and justify the condition of pareto optimality and verify the defination of contrect curve. statment; reallocation of the resources from 1 efficient point to another ef

‘…Policies that promote residential mobility and increase the knowledge of the consumer-voter will improve the allocation of government expenditures in the same sense that mobility

Write a 6-8 page, DOUBLE SPACED review essay on one of the following titles.  Although several editions exist for some of these titles, I encourage you to select a well edited an

need assignment on supply and money

1.) In what way is insurance for medical loss/illness differ from insurance for any type of property loss?

Alice and Bob survive on hamburgers and salads. Aliceís utility function is UA = hA(sA 1) where hA and sA are her consumption of hamburgers and salads respectively. Bobís utility

three basic economics difference between them and definations

QUESTION (i) ‘The area of E-Government encompasses three major domains. These domains address the problems that Government is too inefficient and ineffective; too selfserving a