What would favor of quasi-market forms of regulation

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Assignment:

For water pollution produced by factories and businesses, discuss:

(a) In just one or two sentences: What reason might government give for getting involved in this problem?

(b) In just a few sentences: What reasons might be given by someone who believes that government should not become involved in the problem?

(c) In substantial detail: What would someone in favor of quasi-market forms of regulation (such as Blinder) specifically propose? Most important: What specific arguments would he make about why his proposals are better than the two alternatives of either no intervention or command-and-control regulations? Illustrate your discussion with water pollution examples.

Reference no: EM133321552

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