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In the recent years North Macedonia and Serbia have been rated among top most polluted countries in the world. North Macedonia, being a candidate country since 2005 and awaiting a date to start negotiations for EU membership for more than ten years after receiving a positive recommendation to...
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We introduce a "smart" cap and trade system that eliminates the welfare costs of asymmetric information (“uncertainty”). This cap responds endogenously to technology or macroeconomic shocks, relying on the market price of certificates to aggregate information. It allows policy makers to...
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Within the field of environmental economics, the role of technological change has received much attention. The long-term nature of many environmental problems, such as climate change, makes understanding the evolution of technology an important part of projecting future impacts. Moreover, in...
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Chapter 1: Introduction -- Chapter 2: Pollution and Natural Rights – Billy Christmas -- Chapter 3: Do Libertarians Have … Rights -- Chapter 5: Common Law Tort as a Transitional Regulatory Regime -- Chapter 6: Libertarianism, Pollution and the … problem of pollution. How can we reconcile the inviolability of the individual with the ubiquity of negative externalities …
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of the reductions in external damages are health benefits, highlighting the importance of accounting for co-pollution …
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