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both cases the decentralized outcome is not optimal due to two externalities: one occurs in the individual decision on … is qualitatively different. The different types of population externalities require different policy instruments in order …
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This paper discusses the main external costs related to road transport and the design of taxes to manage them. It provides an overview of evolving tax practice in the European Union and the United States and identifies opportunities for better alignment of transport taxes with external costs....
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