Environmental Economics for Environmental Protection
Environmental economics deals with the optimal allocation of production factors and correcting market failure in protecting the environment. Market failure occurs because of externalities, common property resources, and public goods. Environmental policy instruments include direct regulation, taxes/...
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Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Wiley
2002-01-01
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Series: | The Scientific World Journal |
Online Access: | http://dx.doi.org/10.1100/tsw.2002.289 |
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