Vries, Frans P. de; Nentjes, Andries; Odam, Neil - In: International Review of Environmental and Resource Economics 6 (2012) 2, pp. 119-152
efficiency. Effectiveness is evaluated on three criteria: (i) effectiveness in <italic>setting</italic> the pollution abatement … target, (ii) effectiveness in <italic>incentivising participation</italic>, and (iii) effectiveness in <italic …>realizing</italic> the abatement target. Both static efficiency, in particular the allocation of abatement among participants in the VA, and …