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Do Two Electricity Pricing Wrongs Make a Right? Cost Recovery, Externalities, and Efficiency

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NBER2018-06-01 更新2025-01-04 收录
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Advocates of using market mechanisms for addressing greenhouse gases and other pollutants typically argue that it is a necessary step in pricing polluting goods at their social marginal cost (SMC). Retail electricity prices, however, deviate from social marginal cost for many reasons. Some cause

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2018-06-01
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