The Success of Compensatory Laws Rely on Aligning the Damages

question 29

Multiple Choice

The success of compensatory laws rely on aligning the damages assigned to each polluter with

• A) the marginal abatement costs.
• B) the actual amount of injury they cause.
• C) the amount of transactions costs.
• D) the costs of clean up.

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Definitions:

Discriminant Validity

The extent to which a measurement does not correlate with measurements from different constructs, ensuring distinctiveness among variables.

Predictive Validity

The extent to which a score on a scale or test predicts scores on some criterion measure.

Convergent Validity

A measure of validity based on the degree to which a test correlates with other tests that it is theoretically supposed to correlate with.

Emotional Quotient

A measure of a person's ability to recognize, understand, and manage their own emotions and the emotions of others.