1. Discuss how much pollution do we get in the absence of pollution controls in the private marketplace? Why?
2. Discuss why does the government decide on the amount of pollution to allow?
3. Calculate the potential costs and benefits associated with the regulation of pollution?
4. Determine the potential problems associated with employing outright regulation to deal with the pollution?
5. Calculate the more market based options for dealing with pollution?
6. Discuss what do you think about the authors support of a more "market-based approach" to pollution?