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APPLICATION OF MARKET MECHANISMS TO POLLUTION *
Author(s) -
Hahn Robert W.,
McRae Gregory J.
Publication year - 1982
Publication title -
review of policy research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.832
H-Index - 45
eISSN - 1541-1338
pISSN - 1541-132X
DOI - 10.1111/j.1541-1338.1982.tb00451.x
Subject(s) - pollution , politics , environmental policy , pollution prevention , environmental economics , environmental quality , air pollution , environmental pollution , environmental planning , economics , natural resource economics , business , environmental science , environmental protection , political science , engineering , waste management , ecology , chemistry , organic chemistry , law , biology
The authors indicate how science and social science can be combined to assess the range and effectiveness of policy alternatives available to environmental decision‐makers. They focus on cost‐effective regulatory alternatives to the Los Angeles particulate sulfate problem. Both sciences are applied to the relationship of emissions to pollution levels and environmental quality. They reject the notion that a simple reduction in emissions leads to a commensurate reduction in pollution levels. The problem of applying licenses and emissions fees are reviewed, as are the difficulties of political feasibility.