Instrument choice in environmental policy

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Reference no: EM132165562

Goulder and Parry, "Instrument Choice in Environmental Policy" – This reading is about emissions control policies, but is a good general discussion of how to regulate in favor of non-market social goods. Clean air is probably the most well-studied example of non-market goods, but the concepts here could easily be expanded to other social goods that aren’t or cannot be traded in a market. It gives a succinct summary of many different regulatory approaches that push society towards more socially beneficial technologies and decisions.

Questions to think about: Do you have instruments here that you prefer generally? How should one choose between instruments? Looking at specific non-market goods (of your choice), which of these makes sense? Should we be confined to one or two of these in each application or does it make sense to apply different tools at the same time?

Reference no: EM132165562

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Instrument choice in environmental policy : Goulder and Parry, "Instrument Choice in Environmental Policy"

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