Sentence examples for marginal damage function from inspiring English sources

Exact(1)

The proposed menu schedule that is more elastic than the firm′s residual marginal damage function engenders a positive quantity effect, thereby counterbalancing the firm′s incentive to misreport prompted by the linearity of price.

Similar(59)

Pigouvian tax implementation requires both marginal abatement information and marginal damage functions.

Due to its built-in price quantity structure, the scheme performs as designed regardless of the elasticities of marginal damage and demand functions.

Anthoff, D., Hepburn, C. & Tol, R. S. J. Equity weighting and the marginal damage costs of climate change.

In practice, this was a small missile that caused only marginal damage to a building.

But since he's going to endure them sooner or later, there is little marginal damage from them coming now.

Under asymmetric information, we derive necessary conditions for the marginal damage trading ratios to be optimal, illustrate that the marginal damage trading ratios are generally not optimal, and show how to improve efficiency using optimal trading ratios.

Government should intervene to maximize welfare at the output level where the marginal benefit from emitting the last unit of pollution is equal to the marginal damage it causes.

For coal-fired electric power generation, the co-pollutant damages are larger in magnitude than recent peer-reviewed estimates of the marginal damage for GHGs.

While refunding is harmful under perfect competition, a first-best self-financing tax/tax-refunding scheme exists if the marginal damage from pollution exceeds the marginal distortion in an imperfectly competitive output market with symmetric firms.

Monetization: The monetization of damages from air emissions pollution is dependent on an external cost factor, which is the marginal damage cost based on the willingness of consumers to pay to prevent the damage (European Commission 2003).

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