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Resource allocation, information cost and the form of government intervention.

Krier, James E. and Montgomery, W. David (1973) Resource allocation, information cost and the form of government intervention. Natural Resources Journal, 13 (1). pp. 89-105. ISSN 0028-0739.

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Additional Information:© 1973 Regents of the University of New Mexico on behalf of its School of Law. This paper is a product of the authors' work in the Environmental Quality Laboratory of the California Institute of Technology. The Laboratory consists of an informally organized group of engineers, natural scientists, and social scientists who are dealing with broad, strategic problems of environmental control; the work is supported in part by the RANN Program of the National Science Foundation. We express our appreciation to Professor Lester Lees, Director of the Laboratory, for his encouragement and support. Professor Krier also wishes to acknowledge that some of the ideas in this paper developed in the course of ongoing research for a larger study founded by the Council on Law Related Studies and the Environmental Protection Agency. We are grateful for the comments of Professor Vernon Ruttan, Mark Grady, and those who participated when we presented the paper to a meeting of U.C.L.A. Law School's Jurisprudence Society and to Professor Harold Demsetz's Law-Economics Workshop. Reprinted in Derr, D. A. and Small, L. A. (eds.) 1977. Property Rights in Transition. NY: Ardent Media. Originally issued as Social Science Working Paper 11.
Group:Environmental Quality Laboratory, Social Science Working Papers
Funding AgencyGrant Number
Environmental Quality LaboratoryUNSPECIFIED
Council on Law Related StudiesUNSPECIFIED
Environmental Protection Agency (EPA)UNSPECIFIED
Subject Keywords:Pollutant emissions, Cost efficiency, Transaction costs, Cost allocation, Environmental pollution, Government intervention, Economic costs, Natural resources, Allocative efficiency, Taxes
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Other Numbering System NameOther Numbering System ID
Social Science Working Paper11
Issue or Number:1
Record Number:CaltechAUTHORS:20171207-151021897
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Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:83740
Deposited By: Jacquelyn Bussone
Deposited On:22 Dec 2017 00:04
Last Modified:03 Oct 2019 19:10

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