436 Problem Set 1 Answers SU18.pdf

Is the pulp mill likely to ignore the damages it

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1. Is the pulp mill likely to ignore the damages it causes? Why? 2. What level of discharges would occur? Why? 3. Under which set of assumptions, those in part A or those in part B, would the anglers be better off? Why? 4. Under which set of assumptions, those in part A or those in part B, would the pulp mill be better off? Why? 1. What level of discharges would occur? 2. What would be the total dollar value of the efficiency loss?
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