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There's a very simple solution. Include externalities in the prices. Most people won't be able to pay for gas, problem fixed.
by ajuc 5y ago
There's a very simple solution. Include externalities in the prices. Most people won't be able to pay for gas, problem fixed.
- adhesive_wombat 5y agoPretty hard to price negative effects of noise pollution into fuel prices though, since it includes long term health, as well as property values and other things with massive confounders.
- ajuc 5y agoYou can measure it. Find N pairs of regions where all factors except for noise pollution are similar, measure price of land differences, average them. You have the cost of noise pollution.