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Pré-Publication, Document De Travail (Working Paper) Année : 2012

Regulating ambient pollution when social costs are unknown

Résumé

This paper offers a new mechanism in order to Nash-implement a Pareto optimal level of ambient pollution. As usuas in the literature on non point source pollution, the proposed scheme is not conditional on individual emissions, since they are not observable; rather it is conditional on aggregate emission. But the novelty here is that we do not assume the regulator knows the agents'preferences, with which he could identify the target level of aggregate emission. Our mechanism dispenses with this information, yet it achieves Pareto optimality provided that the number of agents involved in the problem is known.
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Dates et versions

hal-02803689 , version 1 (05-06-2020)

Identifiants

  • HAL Id : hal-02803689 , version 1
  • PRODINRA : 215805

Citer

Charles C. Figuieres, Marc Willinger. Regulating ambient pollution when social costs are unknown. 2012. ⟨hal-02803689⟩
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