Environmental externalities : regional policy and uncertainty
BAUMOL and OATES [1975] emphasized that negative externalities can induce a breakdown in the conventional convexity assumptions implying that efficiency price loses its normative usefulness as an incentive for the attainment of a social optimum through decentralized market processes.These authors sh...
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| Formato: | workingPaper |
| Idioma: | por |
| Publicado em: |
2021
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| Texto completo: | http://hdl.handle.net/10400.5/22633 |
| País: | Portugal |
| Oai: | oai:www.repository.utl.pt:10400.5/22633 |