Equimarginal principle - PowerPoint PPT Presentation

Incentive-Based Strategies: Emission Charges and Subsidies

Incentive-Based Strategies: Emission Charges and Subsidies. Field Chapter 12. Incentive Policies. There are basically two types of incentive policies: (1) charges and subsidies and (2) transferable discharge permits. Both require gov’t to get started

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Regulatory Options &amp; Efficiency

Regulatory Options &amp; Efficiency. What guidance can economics provide about how to regulate polluting industries or firms?. Why regulate?. Does free market efficiently provide goods and services? Market failure (externalities, public goods, etc.)

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Economics of Crime

Economics of Crime. Chapter 5. Opportunity costs Individually consumed goods and services Semicollectively consumed goods and services Externalities in consumption Free-riding. Public goods Cost-benefit analysis Marginal social benefit Marginal social cost Equimarginal principle

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Equimarginal principle - PowerPoint PPT Presentation

Incentive-Based Strategies: Emission Charges and Subsidies

Regulatory Options &amp;amp; Efficiency

Economics of Crime

Regulatory Options & Efficiency