Suppose the government is considering two policies to limit factory air pollution: taxing producers, or providing each

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Suppose the government is considering two policies to limit factory air pollution: taxing producers, or providing each producer with an allotment of permits they may trade with other producers. If both policies lead to the same amount of pollution reduction, why might producers prefer the tradable-permit option?
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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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