14.475 Environmental Economics and Government Responses to Market Failure, Spring 2005
Author(s)
Greenstone, Michael
Alternative Title
Environmental Economics and Government Responses to Market Failure
Date Issued
June 2005
Abstract
This course explores the theory behind and evidence on regulatory, tax, and other government responses to problems of market failure. Special emphasis is given to developing and implementing tools to evaluate environmental policies. Other topics include cost-benefit analysis, measurement of the benefits of non-market goods and costs of regulations, and the evaluation of the impact of regulations in areas such as financial markets, workplace health and safety, consumer product safety, and other contexts.
Subjects
economics
environment
public finance
environmental economics
research
causation
pigovian taxes
coasian
bost-benefit analysis
public economics
hedonic method
valuation
housing
health effects
dose-response
avoidance
household production function
locational equilibrium
policy
regulations
double dividend
climate change
development
markets
labor
workplace
safety
advertising
traffic
MIT Department
Massachusetts Institute of Technology. Department of Economics
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