Aldy, Joseph E.; Barrett, Scott; Stavins, Robert N. - Fondazione ENI Enrico Mattei (FEEM) - 2003
, cost effectiveness, equity, flexibility in the presence of new information, and incentives for participation and compliance … market-based approaches, especially those with price mechanisms; and participation and compliance incentives are inadequately … environmental outcome and efficiency, and between cost-effectiveness and incentives for participation and compliance. …