Comparing Environmental Markets with Standards
This paper argues that the traditional approach to comparing environmental markets and standards can be enhanced in two ways. The first is by providing a more realistic assessment of the impact of various uncertainties on policy outcomes. The second is by providing a more realistic assessment of the political constraints that limit the range of feasible policies. The analysis examines how the introduction of these enhancements could affect instrument choice comparisons.
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Volume (Year): 26 (1993)
Issue (Month): 2 (May)
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