PRICING FOR POLLUTION. AN ANALYSIS OF MARKET PRICING AND GOVERNMENT REGULATION IN ENVIRONMENT CONSUMPTION AND POLICY

This paper is concerned with the extent to which economic rights to the use of the environment is better disciplined by market prices in the form of charges, or by direct government control. The information is presented in two parts as follows: Part 1--pricing objections and refutations (economics and rationality, price mechanism and the social optimum, pricing pollution). Part 2: comparative economics of pricing and regulation (pollution and the firm, benefits of pollution abatement, price incentive for pollution abatement, advantages of pollution charges, pollution charges versus direct control, collective purification facilities and public goods, conflicts between environmental policy and employment objectives).

  • Corporate Authors:

    Institute of Economic Affairs

    2 Lord North Street, Westminster
    London SW1,   England 
  • Authors:
    • Beckerman, W
  • Publication Date: 1975

Media Info

  • Features: References;
  • Pagination: 72 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00138959
  • Record Type: Publication
  • Source Agency: Transport and Road Research Laboratory (TRRL)
  • Report/Paper Numbers: Hobart Paper 66 Monograph
  • Files: ITRD, TRIS
  • Created Date: Nov 17 1976 12:00AM