Pigovian taxes are aimed at correcting the effects of a negative
externality. Such taxes can reduce negative externalities at a
lower cost than regulations because the tax places a price on a
negative externality.
Pigovian taxes are aimed at correcting the effects of a negative
externality. Such taxes can reduce negative externalities at a
lower cost than regulations because the tax places a price on a
negative externality.
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Pigovian taxes are aimed at correcting the effects of a negative
externality. Such taxes can reduce negative externalities at a
lower cost than regulations because the tax places a price on a
negative externality.