英语翻译We ﬁrst solve for a competitive decentralized equ

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英语翻译
We ﬁrst solve for a competitive decentralized equilibrium (CDE),which is for any feasible policy.Second,we endogenize policy by assuming that the paths of policy instruments are chosen by a benevolent
government that takes into account the CDE,where the latter includes the optimal behavior of private agents.In other words,we solve for a typical Ramsey second-best allocation (RSBA).Third,to have a benchmark,we also solve for a ﬁrst-best allocation (FBA).Fourth,we compare the properties of RSBA and FBA.In all cases,we study nontrivial economies where effective cleanup policy is inferior to pollution technology.

首先,我们解决了CDE,穹适用于任何可行政策.
其次,ZF部门考虑到CDE,其中后者包括私人机构的最优行为.换句话说,我们解决了一个典型的RSBA.
第三,为了有一个基准,我们也解决了FBA.
第四,我们比较了RSBA和FBA的特性.
综上,我们研究的那些所谓“非凡的”清理政策都不如污处理技术.

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