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  • THE INSTITUTIONAL ECONOMICS OF MARKET-BASED CLIMATE POLICY
    ebook
    THE INSTITUTIONAL ECONOMICS OF MARKET-BASED CLIMATE POLICY
    WOERDMAN, E.
    The objective of this book is to analyze the institutional barriers to implementing market-based climate policy, as well as to provide some opportunities to overcome them. The approach is that of institutional economics, with special emphasis on political transaction costs and path dependence.Instead of rejecting the neoclassical approach, this book uses it where fruitful and s...

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