Published October 6, 2017
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Marketable Permits: What's All the Fuss About?
- Creators
- Hahn, Robert W.
Abstract
While the theoretical case for applying market mechanisms to control pollution is persuasive, there are several stumbling blocks which arise in their application. This paper examines some of the key implementation issues which must be addressed in designing a marketable permit scheme. The issues are brought into focus by considering a particular example—the control of sulfur oxides emissions in Los Angeles.
Additional Information
The work reported here was supported in part by the California Air Resources Board. This paper has benefited from discussions with Jim Krier, Eric Lemke and Roger Noll. The views expressed herein, including any remaining errors, are solely the responsibility of the author. Published as Robert W. Hahn. "Marketable Permits: What's All the Fuss About?." Journal of Public Policy 2.4 (1982): 395-411.Attached Files
Published - sswp380.pdf
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Additional details
- Eprint ID
- 82134
- Resolver ID
- CaltechAUTHORS:20171005-153552933
- California Air Resources Board
- Created
-
2017-10-06Created from EPrint's datestamp field
- Updated
-
2019-10-03Created from EPrint's last_modified field
- Caltech groups
- Social Science Working Papers
- Series Name
- Social Science Working Paper
- Series Volume or Issue Number
- 380