Suppose that the government decides to issue tradable permits for a certain form of pollution. a. Does

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Suppose that the government decides to issue tradable permits for a certain form of pollution.

a. Does it matter for economic efficiency whether the government distributes or auctions the permits?

Does it matter in any other ways?

b. If the government chooses to distribute the permits, does the allocation of permits among firms matter for efficiency? Does it matter in any other ways?

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Economics

ISBN: 9781408093795

3rd Edition

Authors: Mark P. Taylor, N. Gregory Mankiw

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Question Posted: Nov 04, 2024 07:00 AM

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Suppose that the government decides to issue tradable permits for a certain form of pollution. a. Does

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Economics

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