=+introduce tradable vouchers, each of which entitles its holder to a catch of a certain size. Explain

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=+introduce tradable vouchers, each of which entitles its holder to a catch of a certain size. Explain how uncontrolled fishing generates a negative externality and how the voucher

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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