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Theoritically, spatially targeted environmental policies are considered optimal, since economic agents tune their efforts according to their environment. But this advantage can be undermined by the high cost of information. We posit that it is possible to reduce the spatial scale and...
Persistent link: https://www.econbiz.de/10008564145
Theoritically, spatially targeted environmental policies are considered optimal, since economic agents tune their efforts according to their environment. But this advantage can be undermined by the high cost of information. We posit that it is possible to reduce the spatial scale and...
Persistent link: https://www.econbiz.de/10005543731