A key question facing regulators is how to create an economic environment that encourages appropriate investment and innovation. In this paper we analyse the importance of technological change for both competition and regulation with a particular focus on the regulation of telecommunications and...

We review major developments in national environmental policy during the Clinton Administration, defining environmental policy to include not only the statutes, regulations, and policies associated with reducing pollution, but also major issues of public lands management and species...

What are the most effective ways to address climate change? This paper extends and applies the marginal value of public funds (MVPF) framework to help answer this question. We examine 96 US environmental policy changes studied over the past 25 years. These policies span subsidies (wind,...