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Pollution Externalities: Social Cost and Strict Liability


  • Peter Lewin

    (University of Texas at Dallas)


This paper critically considers the neoclassical social-cost approach to problems of pollution. This traditional approach, when subjected to close scrutiny, is found to be seriously wanting in applicability and consistency. A less ambitious alternative based on notions of strict liability is offered...

Suggested Citation

  • Peter Lewin, 1982. "Pollution Externalities: Social Cost and Strict Liability," Cato Journal, Cato Journal, Cato Institute, vol. 2(1), pages 205-229, Spring.
  • Handle: RePEc:cto:journl:v:2:y:1982:i:1:p:205-229

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    Cited by:

    1. Walter Block, 2010. "Rejoinder To Boettke On Coasean Economics And Communism," Romanian Economic Business Review, Romanian-American University, vol. 5(3), pages 9-30, September.
    2. repec:rau:journl:v:12:y:2017:i:2:p:41-56 is not listed on IDEAS

    More about this item


    law; property; pollution; tort; property rights; regulation; government;

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General


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