Sterner, Thomas; Robinson, Elizabeth J.Z. - In: Handbook of environmental economics : Volume 4, (pp. 231-284). 2018
In this article, we provide an overview of a rather large topic: how economics can inform the selection and design of policy instruments to deal with environmental problems. We first identify (in Sections 1 – 2 ) underlying market failures that underscore the need for policy. Then, (in 3 ) we...