on 13 Fall 2017 Final Excm 3. Suppose you serve on an environm Your task is to p
ID: 1128741 • Letter: O
Question
on 13 Fall 2017 Final Excm 3. Suppose you serve on an environm Your task is to propose a policy initiative aimed at reducing ursshat assignment of property rights according to the Coase ental policy planning board for the federal government. urban air pollution, using the polluters to be targeted are commuter bus companies and that the majo Theorem. Assume that the major hexisslnare xt? the collection of city dwellers - residents and workers. Describe yots re assignedt h parties affected are and include the following: 1 What is the good for which property r why?.If property Are the rights assigned to the city dwellers or to the bus comp rights are assigned to the bus companies, what happens ne escribe your proposal in detail, hich property rights are assigned? ii. (10 pts)Explanation / Answer
The rights should be given to cut dwellers so that the commuter bus companies can not pollute the air it would violate the rights of workers and residents. For the city dwellers air property rights are hard to outline the bus companies would be allowed to Produce an acceptable amount of co2 in grams per mile for each bus. The Agreement could be settled by the commuter bus companies with the workers and residents to continue the air pollution. An agreement can be to buy cleaner operating transportation or to compensate them for the desecration of the air.
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