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Using economic analysis contrast the relative merits of the

Using economic analysis, contrast the relative merits of the following measures that may be employed to control pollution: taxes, legal regulatory limits and tradeable emissions permits.

GLS, Ch. 16; P, Ch. 18; PR. Ch. 18; V, Ch. 34. (please make sure you use GLS BOOK!)

GLS = Goolsbee A, Levitt S and Syverson C (2013) Microeconomics. MacMillan Higher Education (International edition);

2nd reference if possible...

Hoel, Michael (1998) "Emission Taxes Versus Other Environmental Policies." Scandanavian Journal of Economics, 100, 1, 79 - 104

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