Field_4Ce_IM_Ch10

Field_4Ce_IM_Ch10

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时间:2022-02-12

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1、Field&OlewilerEnvironmentalEconomics4Ce–Instructor’sManualChapter10Chapter10LIABILITYLAWS,PROPERTYRIGHTS,MORALSUASION,GREENGOODSObjectiveTheaimisthreefold.First,toshowhowmanyenvironmentalproblemsmaybehandledthroughdecentralizedtypesofinstitutions.Second,toshowtheadvantagesofsuchproceduresincaseswh

2、eretheywillwork,andthird,topointouttheirdrawbacks,whichareimportantenoughinmostcasestopushpeopletowardspoliciesinvolvingmoredirectcollectiveefforts.MainPointsThechapterbeginswithadiscussionofliabilitylaws,thenmovestoadiscussionofpropertyrights.Somemaythinkthisbackwards,onthegroundsthatonecannotdis

3、cussliabilityuntilpropertyrightsarespecified.Butwefindthenotionofliabilitysointuitiveforstudentsthatweprefertostartwithit,usingiteventuallytoshowthatthereisapriorissue,whichisthedistributionofpropertyrights.Studentsaremuchmoreusedtotheideaofliabilitythantheyaretotheideathatpropertyrightsmightberea

4、rranged,whichmightinturngivedifferentresultsintermsofenvironmentalquality.Thechapterintroducestheconceptoftransactionscosts,thecostsoffinding,concluding,andenforcingexchangesamongindividualsandgroups.Thediscussionemphasizesthelinkageoftransactionscoststothenumberofpeopleinvolved(e.g.,discussionofE

5、xxonValdezoilspill),andtothedifficultiesofovercomingpublicgoodsandfree-riderproblemsinthecaseofenvironmentalbenefitsandcosts.Asimple"CoaseTheorem"ispresented,alongwithabrieflistofrequirementsthathavetobemetfordecentralizedtransactionsamongpropertyownersanduserstoyieldefficientoutcomes.Thetextstres

6、sesthatthelackofacompletesetofmarketsisarealproblemwithpropertyrightsapproachestoenvironmentalqualityissues.Examplesincludeownershipoftheairwebreatheand“attenuated”propertyrightsindevelopingcountries.Propertyrightsissuescanbelinkedbacktothenon-rivalandnon-excludabilitycharacteristicsdiscussedincha

7、pter4.Weshowthatthegainsassociatedwithdifferentpropertyrightsassignmentsarenotnecessarilyidentical(seeFigure10-3andTable10-3),eventhoughefficiencyisreachedregardlessofwhohasthepropertyrights.Thechapterdiscussesmo

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