Efficient Pollution Regulation: Getting the Prices Right: Reply
回应Fraas和Lutter对Muller和Mendelsohn(2009)的评论,讨论负边际损害来源的政策设计及边际损害统计不确定性对排放交易比率的影响。
Fraas and Lutter raise two important points in their comment on Muller and Mendelsohn (2009): How to design policies for sources that yield negative marginal damages? How does statistical uncertainty in the marginal damages affect the trading ratios across emitters? We address both issues in this response.