Goetz, Renan-Ulrich; Martínez, Yolanda - In: Environmental Economics and Policy Studies 15 (2013) 3, pp. 237-258
As an alternative to the existing environmental policy instruments, recent literature proposes to combine different policy instruments (two-part instruments) which have most of the properties of a first-best Pigouvian tax while minimizing the need for monitoring and enforcement. This article...