Cochard, François; Willinger, Marc; Xepapadeas, Anastasios - In: Environmental & Resource Economics 30 (2005) 4, pp. 393-422
tax/subsidy, an ambient tax, and a group fine. We assume that polluters themselves are affected by environmental damages … tax/subsidy decreases social welfare with respect to the status quo, and its effect is very unreliable. Copyright Springer … type of pollution. In an experiment, we compare the efficiency of some of these instruments: an input-based tax, an ambient …