Does it matter whether the polluter or the victim of the pollution owns the resource that might

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Does it matter whether the polluter or the victim of the pollution owns the resource that might be polluted? The Coase theorem (named for British economist Ronald Coase who was the first to have this remarkable insight) says it doesn’t matter.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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