Chapter 12: Problem 18
What is command-and-control environmental regulation?
Chapter 12: Problem 18
What is command-and-control environmental regulation?
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Get started for freeWill a system of marketable permits work with thousands of firms? Why or why not?
Would environmentalists favor command-andcontrol policies as a way to reduce pollution? Why or why not?
Consider two ways of protecting elephants from poachers in African countries. In one approach, the government sets up enormous national parks that have sufficient habitat for elephants to thrive and forbids all local people to enter the parks or to injure either the elephants or their habitat in any way. In a second approach, the government sets up national parks and designates 10 villages around the edges of the park as official tourist centers that become places where tourists can stay and bases for guided tours inside the national park. Consider the different incentives of local villagers - who often are very poor- -in each of these plans. Which plan seems more likely to help the elephant population?
Identify the following situations as an example of a negative or a positive externality: a. You are a birder (bird watcher), and your neighbor has put up several birdhouses in the yard as well as planting trees and flowers that attract birds. b. Your neighbor paints his house a hideous color. c. Investments in private education raise your country's standard of living. d. Trash dumped upstream flows downstream right past your home. e. Your roommate is a smoker, but you are a nonsmoker.
Is zero pollution possible under a marketable permits system? Why or why not?
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