A problem associated with assigning rights to one party or another might be called environmental mugging.
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Q193: In some situations, such as when negative
Q194: The Coase theorem stresses that efficiency will
Q195: The Coase theorem states that under certain
Q196: Insights gained from the Coase theorem changed
Q197: Environmental mugging occurs when victims of pollution
Q199: All externalities help consumers.
Q200: Any time that pollution is created during
Q201: All externalities have negative consequences.
Q202: The term "spillover" is also referred to
Q203: The presence of externalities implies that the
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