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A careful analysis of the costs and benefits of using MTBE as a fuel oxygenate, as compared to use of its most reasonable substitutes, finds that the net private and social costs of MTBE' s alternatives are substantially higher than those of MTBE. The expected costs of future MTBE use have been...
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an effective instrument to control pollution damages. Previous models of pollution either disregard space altogether or … considered in this study. The results demonstrate that the management of pollution must recognize the trade-off between two cost … components: pollution costs and transportation costs. This trade-off along with the non-convexity inherent in spatial models …
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