On markets and the conditions of a profitable use of economic instruments for environmental policy in countries in transition to market

  • Olivier Godard
  • Published 2011
Economic instruments are generally advocated by eco nomists for their ability to get cost-efficient outcomes wh en allocating scarce resources to environmental protection. Here, costefficiency means that achieving a given environment al target can be obtained at least total cost for society. Ho w much is the gain, compared to other approaches, is an… CONTINUE READING