Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
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 496 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
Helped a lot
wrote...

Yesterday
This site is awesome
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  985 People Browsing
 114 Signed Up Today
Related Images
  
 664
  
 125
  
 363
Your Opinion
Do you believe in global warming?
Votes: 370

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