search query: @indexterm taxation / total: 1872
reference: 532 / 1872
| Author: | McKitrick, R. |
| Title: | A Cournot mechanism for pollution control under asymmetric information |
| Journal: | Environmental and Resource Economics
1999 : OCT, VOL. 353-363 |
| Index terms: | ENVIRONMENTAL ECONOMICS POLLUTION CONTROL ASYMMETRIC INFORMATION TAXATION |
| Language: | eng |
| Abstract: | This study shows that a simple nonlinear tax can achieve a long-run socially optimal level of pollution without the regulator knowing marginal abatement costs. Companies are charged their differential contribution to total damages, evaluated at the upper margin of current emissions. |
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