Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.11861/6479
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dc.contributor.authorPlourde, C.en_US
dc.contributor.authorProf. YEUNG Wing Kay, Daviden_US
dc.date.accessioned2021-03-03T08:31:18Z-
dc.date.available2021-03-03T08:31:18Z-
dc.date.issued1989-
dc.identifier.citationJournal of Environmental Economic and Management, Mar. 1989, vol. 16(2), pp. 97-105.en_US
dc.identifier.issn0095-0696-
dc.identifier.urihttp://hdl.handle.net/20.500.11861/6479-
dc.description.abstractStandard models of pollution abatement assume that pollution accumulation occurs in a deterministic pattern as a by-product of the production process. Governmental intervention often occurs in the form of taxation or mandatory abatement controls to reduce inefficiency caused by incomplete markets. In this paper we assume that the accumulation effect of pollution may be stochastic due, for instance, to the random absorption capacity of the ecosystem. Furthermore, we assume that the level of pollution may vary with input use as well as output level. We proceed to analyze properties of a policy for efficient social management of competitive firms which generate pollution.en_US
dc.language.isoenen_US
dc.relation.ispartofJournal of Environmental Economics and Managementen_US
dc.titleA model of industrial pollution in a stochastic environmenten_US
dc.typePeer Reviewed Journal Articleen_US
dc.identifier.doi10.1016/0095-0696(89)90001-6-
crisitem.author.deptDepartment of Economics and Finance-
item.fulltextNo Fulltext-
Appears in Collections:Economics and Finance - Publication
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