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Prices vs. Quantities vs. Tradable Quantities

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NBER2002-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9283
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资源简介:
This paper extends Weitzman's (1974) seminal paper comparing price and quantity instruments for regulation to consider a third option: tradable quantity regulations, such as tradable permits. Contrary to what prior work has suggested, fixed quantities may be more efficient than tradable quantities
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2002-10-01
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