Because polluters have better information about abatement costs than governments, the given information by the govenment causes a cost-ineffective result.
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Governments tend to give higher abatement cost than needed causing cost-ineffectiveness.
A. 对
B. 错
Individual policy makers tend to give higher abatement cost than needed causing cost-ineffectiveness.
A. 对
B. 错
Asymmetric (不对称) information is caused by inaccurate information about Marginal Abatement Costs.
A. 对
B. 错
Asymmetric (不对称) information is caused by inaccurate information about Marginal Damages.
A. 对
B. 错