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dilemma with efficiency. In the second study, we analyze the consequences of the choice between giving free permits to firms … efficiency and pollution effect. We define a theoretical indicator of environmental efficiency and we analyze its properties. …
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successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness …
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-acceptable conservation policy. -- Payments for Environmental Services (PES) ; Market Constraints ; Cost-Effectiveness ; Efficiency …
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