Is it feasible to use the legal system and the assignment of property rights to deal with the issue? How might the assignment of property rights affect transactions costs and the efficiency of the outcome?
The chosen environmental issue is up to the student. Examples of topics examined in the past: Houston area air, water, or land pollution problems Mitigating harmful environmental effects of invasive species Managing fisheries by using individual tradable quota The Texas rigs to reefs program The BP oil platform explosion Use of water in a Texas […]