The ambient permit system proposed in the literature for cost-effective pollution reduction is difficult to implement and may result in lower net benefits than using another instrument. The article develops a model for comparing the environmental net benefits of three policy instruments for...

The ambient permit system proposed in the literature for cost-effective pollution reduction is difficult to implement and may result in lower net benefits than using another instrument. The article develops a model for comparing the environmental net benefits of three policy instruments for...

The ambient permit system proposed in the literature for cost-effective pollution reduction is difficult to implement and may result in lower net benefits than using another instrument. The article develops a model for comparing the environmental net benefits of three policy instruments for...

There are numerous studies that establish the magnitude of the static efficiency gains made possible through the use of a cost effective ambient permit system (APS) compared to command and control (CAC) or other suboptimal instruments such as an emission permit system (EPS). However the cost...

The countries of Latin America and the Caribbean have shown interest in recent years in promoting private-sector participation in infrastructure projects. This trend has permitted budget consolidation, improved efficiency, and reduction of state participation in productive activities. The book...

The countries of Latin America and the Caribbean have shown interest in recent years in promoting private-sector participation in infrastructure projects. This trend has permitted budget consolidation, improved efficiency, and reduction of state participation in productive activities. The book...