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1. |
Pareto Efficiency |
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- Pareto improvement
- Potential Pareto improvement
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2. |
Efficient Pollution |
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- Marginal benefits of pollution reduction
- Marginal costs of pollution reduction
- Marginal vs Total
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| 3. |
Coase Theorem |
| |
- property rights
- transactions costs
- polluter pays principle
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| |
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