Examlex
Simplify the complex fraction.
Dioxin Emission
Refers to the release of dioxins, which are highly toxic environmental pollutants, into the environment.
Self-Interested
Behavior driven by personal benefit, where individuals act in their own best interest to achieve their personal goals.
Corrective Tax
A levy intended to motivate individuals to consider the communal costs resulting from adverse external effects.
Tradable Pollution Permits
A market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants.
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