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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Format: | workingPaper |
Language: | por |
Published: |
2021
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Online Access: | http://hdl.handle.net/10400.5/22633 |
Country: | Portugal |
Oai: | oai:www.repository.utl.pt:10400.5/22633 |