Suppose that the EPA obtains damages from polluting firms in recompense for the damage caused by the
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Suppose that the EPA obtains damages from polluting firms in recompense for the damage caused by the pollution. Should the EPA distribute the moneys recovered from such damage settlements to the pollution victims?
(Hint: consider, among other things, possible changes in victim behaviour in anticipation of such compensation.)
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Natural Resource And Environmental Economics
ISBN: 9780273655596
3rd Edition
Authors: Roger Perman, Yue Ma, Michael Common, David Maddison, James Mcgilvray
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