Externalities and Corrective Policies in Experimental Markets
通过实验室市场实验,检验存在外部性时市场是否遵循供求规律,并比较污染税、污染标准和污染许可证三种矫正政策的效果。
This paper reports on the behaviour of simple, laboratory markets which have \nan externality. Experiences with these markets provide some help in answering \ntwo broad questions. (1) Do markets with externalities behave in accordance \nwith the law of supply and demand? (2) How do the pollution tax, pollution \nstandard, and pollution licenses compare as methods for correcting the externality?