EconPapers    
Economics at your fingertips  
 

Regulating ambient pollution when social costs are unknown

Charles Figuieres () and Marc Willinger ()

Working Papers from LAMETA, Universtiy of Montpellier

Abstract: This paper offers a new mechanism in order to Nash-implement a Pareto optimal level of ambient pollution. As usual in the literature on non point source pollution, the proposed scheme is not conditional on individual emissions, since they are not observable; rather it is conditional on aggregate emission. But the novelty here is that we do not assume the 10 regulator knows the agents' preferences, with which he could identify the target level of aggregate emission. Our mechanism dispenses with this information, yet it achieves Pareto optimality provided that the number of agents involved in the problem is known.

New Economics Papers: this item is included in nep-env
Date: 2012-06, Revised 2012-06
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.lameta.univ-montp1.fr/Documents/DR2012-17.pdf First version, 2012 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lam:wpaper:12-17

Access Statistics for this paper

More papers in Working Papers from LAMETA, Universtiy of Montpellier Contact information at EDIRC.
Bibliographic data for series maintained by Patricia Modat ().

 
Page updated 2019-07-22
Handle: RePEc:lam:wpaper:12-17