For command-and-control to be the best approach to controlling an externality, it ought to be tr

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Nick Johnson · Accepted Answer

Step 1: Define command-and-control approach to controlling an externality. Command-and-control i

For command-and-control to be the best approach to controlling an externality, it ought to be true that: success requires strict compliance. externalities are not present. the problem is not well understood. flexibility is desired.