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Cost Heterogeneity and the Potential Savings from Market-Based Policies
(Journal of Regulatory Economics, 2003-01-01)
Policy makers and analysts are often faced with situations where it is unclear whether market-based instruments hold real promise of reducing costs, relative to conventional uniform standards. We develop analytic expressions ...
Technological Change and the Environment
This book provides a state-of-the-art review of both classical and emerging themes in forest resource economics. The authors show how neo-classical economic principles can be used to analyze forest policy issues across existing ...