This article further examines the simple framework for choosing environmental policy instruments, as outlined in PD#73. The framework is based on levels of public and
read morePublic benefits and private benefits are much discussed in environmental policy circles, but I’m not aware of any clear written explanation of their meanings, their
read moreDecisions with important consequences can sometimes be ‘agonising’. We can go round and round in our minds, struggling to choose between two finely balanced options.
read moreMost economic decisions involves risk, in the sense that the decision maker doesn’t know what the exact consequences of different choices will be. This article
read moreIn general, the use of incentive payments in environmental programs is poorly thought through. This article discusses situations where environmental incentive payments are more likely
read moreIn this article I discuss some of the more common challenges that economists face when attempting to influence the policy process to promote the public
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