The present paper throws light on the famous “tax versus standard” debate in the sphere of environmental economics by using general equilibrium framework and tries to examine which of the two, i.e., tax or standard is the better way to deal with pollution. It has done so in the presence of a...

Crete features many protected areas of exceptional natural beauty that attract thousands of visitors every season. Many local enterprises count on that touristic activity to increase their revenues. One of the most important and well known protected areas of Crete is the Samaria National Park....