Here's a short interview on repugnant markets, in Stanford's engineering magazine:
Repugnant markets spur thinking about how to engineer complex systems
"When some people want to engage in economic activity that others seek to ban, society faces tough choices in designing the right market incentives — or disincentives."
By Edmund L. Andrews
"when is it effective to outlaw an activity, and when does that simply foster a black market? At what point does it make more sense to focus on harm reduction than prevention?
"Roth expanded on these ideas in a recent interview..."
Another link is here.
Repugnant markets spur thinking about how to engineer complex systems
"When some people want to engage in economic activity that others seek to ban, society faces tough choices in designing the right market incentives — or disincentives."
By Edmund L. Andrews
"when is it effective to outlaw an activity, and when does that simply foster a black market? At what point does it make more sense to focus on harm reduction than prevention?
"Roth expanded on these ideas in a recent interview..."
Another link is here.
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