Question-

1) How much pollution do we get in the absence of pollution controls in the  private marketplace? Why?

2) How does the government decide on the amount of pollution to allow?

3) What are the potential costs and benefits associated with the regulation of  pollution?

4) What are the potential problems associated with employing outright  regulation to deal with pollution?

5) What are the more market based options for dealing with pollution?

6) What do you think about the authors support of a more "market-based  approach" to pollution?