Serve on an environmental policy, Macroeconomics

Suppose you serve on an environmental policy planning board for the federal government. Your task is to propose a policy initiative aimed at reducing urban air pollution, using the assignment of property rights according to the Coase Theorem. Assume that the major polluters to be targeted are commuter bus companies and that the major parties affected are the collection of city dwellers - residents and workers. Describe your proposal in detail, and include the following:
a. Whether the rights are to be assigned to city dwellers or to bus companies.

b. How these rights are to be defined.

c. How the rights are to be distributed to the parties.

d. Whether the rights are to be auctioned or sold, and if so, at what price.

 

Posted Date: 2/5/2014 12:38:16 AM | Location : United States







Related Discussions:- Serve on an environmental policy, Assignment Help, Ask Question on Serve on an environmental policy, Get Answer, Expert's Help, Serve on an environmental policy Discussions

Write discussion on Serve on an environmental policy
Your posts are moderated
Related Questions
provide data and analysis for the real GDP (as total and per capita) and its growth rate then draw a graph and identify the periods of the Malaysia’s business cycle 2007 -2011

What are the Responsibilities of central banks Responsibilities include providing banking services to commercial banks and the government and regulating financial markets and i

Suppose you have $10,000 and wish to purchase an annuity that pays you a fixed dollar amount every month. How much would you receive each month if the annuity rate is 1% and you in

Gross Domestic Capital Formation  Production requires services of fixed assets such as machinery, equipment and structures as well as working capital i.e. stocks of raw materia

. (40 points) Consider two consumers, A and B. A and B both want perfect consumption smoothing (c = cf) and both have no current wealth. However, the two consumers have different i

1.    Estimating Women's Labor Supply a.    The following regression was run for an estimate of the current women's labor supply curve: Where h i = hours of labor suppl

calculation of fiscal deficit

Suppose you have decided to do some savings. You will deposit $200 this year into an account that earns 2% per year and increase the amount deposited each year by 20% in every year

how can the central bank influence the size of the multiplier

OPEC oil cartel becomes subject to this tension or conflict such that the cartel gives way to a more competitive oil market resulting in a dramatic decrease in the world oil price.