Repeat exercise 9.1 using for j >0. Data from exercise 9.1 Consider firms abatement cost
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Repeat exercise 9.1 using 
for αj>0.
Data from exercise 9.1
Consider firms’ abatement cost functions Cj(ej)=(aj−bjej)2/2bj and an ambient damage function D(A)=δA2/2, where 
is the ambient pollution level.
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Related Book For 
A Course In Environmental Economics
ISBN: 9781316866818
1st Edition
Authors: Daniel J Phaneuf, Till Requate
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