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Transport, welfare and externalities : replacing the polluter pays principle with the cheapest cost avoider principle / Dieter Schmidtchen [et al.].
- Format:
- Book
- Author/Creator:
- Schmidtchen, Dieter.
- Series:
- New horizons in law and economics.
- New horizons in law and economics
- Language:
- English
- Subjects (All):
- Transportation.
- Transportation--Environmental aspects.
- Genre:
- Electronic books.
- Physical Description:
- 1 online resource (140 p.)
- Place of Publication:
- Cheltenham, Glos, U.K. ; Northampton, Mass. : Edward Elgar, 2009.
- Language Note:
- English
- Summary:
- Discusses a paradigm shift for dealing with the internalization of external costs in transport. This book shows that applying the Cheapest Cost Avoider Principle (CCAP) instead of the Polluter Pays Principle (PPP) can lead to substantial welfare improvements. It is suitable for policymakers and civil servants concerned with transport policy.
- Contents:
- Cover; Copyright; Contents; Figures; Tables; Foreword; 1. Introduction; 2. The Pigovian tradition and the Polluter Pays Principle; 3. The Coasian revolution; 4. Reaching efficiency: Coase versus Pigou; 5. Replacing the Polluter Pays Principle with the Cheapest Cost Avoider Principle; 6. Beyond efficiency: strengths and weaknesses of the principles; 7. Case studies; 8. The Cheapest Cost Avoider Principle and the European Transport Policy; 9. Conclusions; References; Index
- Notes:
- Description based upon print version of record.
- Includes bibliographical references (p. 116-121) and index.
- ISBN:
- 1-282-53400-9
- 9786612534003
- 1-84980-351-X
- OCLC:
- 608487472
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