Pigovian
English
[edit]Adjective
[edit]Pigovian (not comparable)
- Alternative form of Pigouvian
- 1992, Hal C. Varian, Microeconomic Analysis, 3rd edition, W. W. Norton & Company, page 436:
- We have argued above that Pigovian taxes were not adequate in general to solve the externalities due to the information problem: the taxing authority in general can't be expected to know the costs imposed by the externalities.