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Sublight2097 Sublight2097
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8 years ago
Is there any difference between fining people who put contaminants into the atmosphere and charging fees for putting contaminants into the air?
A) Not if the fee and the fine are the same per quantity of contaminant.
B) Not if the fee per quantity of contaminant is the same as the fine multiplied by the probability of "getting caught."
C) Only in the language or rhetoric, but not in the incentives the laws create.
D) Yes, because a fee constitutes social authorization while a fine expresses social disapproval.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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8 years ago
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Sublight2097 Author
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#2
8 years ago
Another one in the books, marking it solved.
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#3
3 years ago
Thanks!!!
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