Unformatted text preview: 4) Another Congressman disagrees with using market incentives to control pollution by noting that firms paid no heed to the damage caused before we cared about pollution, therefore we should pay no heed to the costs associated with cleaning up or preventing pollution. Do you agree or disagree with this statement? In one or two paragraphs, explain why. (You may also include charts or graphs if it helps your case.) 5) Kolstad, page 176, Problem #5 6) Kolstad, page 176, Problem #6 7) Performance in Marketable Permits Game...
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- Spring '08
- Economics, congressman, Externality, Kolstad