Tag Archives: marginal damage

Some Carbon Tax Scenarios

Posted on July 7, 2020 by Adam Bailey

How does a competitive industry respond to an emissions tax in the short run and the long run?  What if the industry is a monopoly? In this post I bring together two standard pieces of microeconomic analysis: the effect of … Continue reading →

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The Economics of Urban Rainwater

Posted on May 2, 2013 by Adam Bailey

Lack of natural drainage in urban environments can lead to flooding and pollution.   Economics can help find appropriate solutions. There is a furore in Maryland, USA, where many residents will soon have to pay a “stormwater management fee” based on … Continue reading →

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