Sharing a polluted river through environmental taxes
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Universidade de Vigo
info
ISSN: 1869-4195
Year of publication: 2013
Volume: 4
Issue: 2
Pages: 137-153
Type: Article
More publications in: SERIEs : Journal of the Spanish Economic Association
Abstract
n agents located along a river generate residues that then require cleaning to return the river to its natural state, which entails some cost.We propose several rules to distribute the total pollutant-cleaning cost among all the agents.We provide axiomatic characterizations using properties based on water taxes. Moreover, we prove that one of the rules coincides with the weighted Shapley value of a game associated with the problem.