The Quasi-Optimal Price of Undepletable Externalities: Comment
In a recent article in this journal Hamlen (1977) extends the Baumol-Oates result that an emission fee which achieves a given level of an undepletable externality does so at minimum cost to society. He also suggests a procedure for empirically deriving the value of this fee.
Year of publication: |
1978
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Authors: | Tietenberg, T.H. |
Published in: |
Bell Journal of Economics. - The RAND Corporation, ISSN 0361-915X. - Vol. 9.1978, 1, p. 287-291
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Publisher: |
The RAND Corporation |
Saved in:
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