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On the Applicability of Market Solutions to Environmental Problems

Hahn, Robert W. (1982) On the Applicability of Market Solutions to Environmental Problems. Journal of Environmental Management, 14 (2). pp. 161-171. ISSN 0301-4797.

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The purpose of this paper is to identify how increasingly sophisticated modeling of pollution problems might be used in making a judicious selection between policy tools. In general, the choice of an appropriate policy instrument is found to depend on the level of technical understanding of the problem and the functional relationship between emissions and pollution. Additional political and economic considerations are brought into focus by way of an example-the control of sulfur oxides emissions in Los Angeles through the use of marketable permits.

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Additional Information:© 1982 Academic Press Inc. (London) Limited. Received 19 November 1980. The work reported here was supported in party by the California Air Resources Board. I would like to thank Glen Cass and Greg McRae for helping to develop several of the ideas contained herein. Any remaining errors are solely my responsibility. Formerly SSWP 380.
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California Air Resources BoardUNSPECIFIED
Issue or Number:2
Record Number:CaltechAUTHORS:20171116-161623165
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Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:83271
Deposited By: Jacquelyn Bussone
Deposited On:17 Nov 2017 23:41
Last Modified:03 Oct 2019 19:04

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