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Choice of MBIs
Economic instruments or MBIs influence decision-making in such a way that the chosen alternatives would lead to an environmentally more desirable situation than in the absence of the instrument.
Hence, economic instruments allow the polluting agents the freedom to opt for instruments in a way they themselves think are most beneficial to abate pollution.The presence of a number of policy instruments makes it difficult to choose the correct one.
The coordination problem relates us to not only the levels of activities like research and developments (R&D) and investments but also to the behaviour of institutions that charact
critically examine that privatization can always decentralize economic power
The structural interdependence, in fact, forms the basis for the policy maker's choice behaviour for policy or policy mixes. The spectrum formed by various policy mixes depends on
what is frugal economy and government economy
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Since complexity theory as a tool, has not been included in the standard tool kits of our economics courses, it is pertinent to have a basic idea of before proceeding to apply to t
What are your thoughts on Putman’s “Bowling Alone,” the idea that there has been a decline in social capital in North America? Do you agree or disagree with the assertion? Support
summarize the basic tenets of mark davis arguments
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(b) Assess the application of Kaldor’s compensation principle in resolving Pareto non-comparability and explain how the principle differs from the Hick''s compensation principle
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