Alberini, Anna; Segerson, Kathleen - In: Environmental & Resource Economics 22 (2002) 1, pp. 157-184
The last decade has seen a dramatic increase in the use of voluntaryapproaches (VAs) to environmental protection, which has spurned agrowing literature on the relative merits of voluntary vs. mandatoryapproaches. This paper draws on that literature to discuss both thetheoretical and empirical...