Environmental regulation
Incentive-Based Environmental Regulation: A New Era from an Old Idea
Incentive-Based Environmental Regulation: A New Era from an Old Idea
Robert W. Hahn, Robert N. Stavins
The authors investigate new environmental policies as alternative approaches to traditional regulation. Market-based and incentive-based proposals are explored, along with the factors influencing the popularity of this policy change. The future efficacy of these new approaches to tackle environmental issues is analysed.