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well as economic, well-being of everyone are at the best levels possible. Market-based economic systems have the potential … internalised into market transactions. This book shows how public policy in the form of market creation can be used to internalise …
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The loss of biodiversity affects us in many ways. For some of us, its loss is felt in the same way that we regret the destruction of a great work of art -- it may not affect us directly, but the indirect impact is strong. For others, its loss is felt in changes in lifestyles and livelihoods --...
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In demystifying the concept of market-like instruments, this study explains how to make better use of market … study are based on a survey of the use of market-like instruments in OECD fisheries in which the key characteristics of … these instruments in different countries are identified. It finds that market-like instruments have generally improved the …
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Highly volatile electricity prices are becoming a more frequent and unwanted characteristic of modern electricity wholesale markets. But low demand elasticity, mainly the result of a lack of incentives and consumers’ inability to control demand, means that consumer behaviour is not reflected...
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