Transport, welfare and externalities  replacing the Polluter Pays Principle with the Cheapest Cost Avoider Principle /  [electronic resource] : 
Dieter Schmidtchen ... [et al.]. 
 - Cheltenham, Glos, U.K. ;  Northampton, Mass. :  Edward Elgar,  2009. 
 - 1 online resource (xii, 128 p.) :  ill. 
 - New horizons in law and economics .
 - New horizons in law and economics. .
<br/><br/>Includes bibliographical references (p. 116-121) and index. 
<br/><br/>1. Introduction -- 2. The Pigovian Tradition and the Polluter Pays Principle -- 3. The Coasian revolution -- 4. Reaching efficiency : Coase versus Pigou -- 5. Replacing the Polluter Pays Principle with the Cheapest Cost Avoider Principle -- 6. Beyond efficiency : strengths and weaknesses of the principles -- 7. Case studies -- 8. The Cheapest Cost Avoider Principle and the European transport policy -- 9. Conclusions. 
<br/><br/> This book discusses a paradigm shift for dealing with the internalization of external costs in transport. Crucial to the analysis is the insight that the polluters are not the only cost drivers; both pollutees and the state can also contribute to reducing social costs. The authors show that applying the Cheapest Cost Avoider Principle (CCAP) instead of the Polluter Pays Principle (PPP) can lead to substantial welfare improvements. 
<br/><br/><label>ISBN: </label>9781849803519 (e-book) 
<br/><br/><label>LCCN: </label>2009936763 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Transportation.<br/>Transportation--Environmental aspects.<br/>Environmental policy.
<br/><br/><label>Index Terms--Genre/Form: </label><br/>Electronic books.
<br/><br/><label>LC Class. No.: </label>HD9718.A2  / T737 2009