Résumé
We consider the problem of regulating an economy with environmental pollution. We examine the distributional impact of the polluter-pays principle which requires that any agent compensates all other agents for the damages caused by his or her (pollution) emissions. With constant marginal damages we show that regulation via the polluter-pays principle leads to the unique welfare distribution that induces non-negative individual welfare change and renders each agent responsible for his or her pollution impact. We extend both the polluter-pays principle and this result to increasing marginal damages due to pollution. We also compare the polluter-pays principle with the Vickrey-Clark-Groves scheme.
Mots-clés
Regulation; Polluter-Pays Principle; Fairness; Pollution; Externalities;
Codes JEL
- C7: Game Theory and Bargaining Theory
- D02: Institutions: Design, Formation, and Operations
- D30: General
- D6: Welfare Economics
Référence
Stefan Ambec et Lars Ehlers, « Regulation via the Polluter-Pays Principle », The Economic Journal, vol. 126, n° 593, juin 2016, p. 884–906.
Voir aussi
Publié dans
The Economic Journal, vol. 126, n° 593, juin 2016, p. 884–906