Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
Clement Clement
wrote...
Posts: 510
4 years ago

Question 1.

What are some of the limitations of the Coase theorem in practice?



Question 2.

Ronald Coase is famous for the Coase Theorem, which is based on the premise that there is an economically efficient level of pollution reduction. Many economists believe that the tradable emissions allowance program that has been used to deal with the problem of acid rain has been successful in reducing emissions of sulfur dioxide in an economically efficient manner. Why isn't this program an example of the Coase Theorem?

Textbook 
InMicro

InMicro


Edition: 1st
Authors:
Read 510 times
1 Reply
Replies
Answer verified by a subject expert
gumpfablegumpfable
wrote...
Posts: 366
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 190 words.
1

Related Topics

Clement Author
wrote...

4 years ago
Thanks
wrote...

Yesterday
Correct Slight Smile TY
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1137 People Browsing
 105 Signed Up Today
Related Images
  
 314
  
 5553
  
 343
Your Opinion
Which country would you like to visit for its food?
Votes: 204

Previous poll results: How often do you eat-out per week?