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Inspection and market-based regulation through emissions trading--The striking reliance on self-monitoring, self-reporting and verification
inspection emissions trading self-monitoring verification agencies
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2009/11/27
This contribution discusses inspection with regard to emissions trading. It focuses on the EU greenhouse gas emissions trading scheme. The core rule of emissions trading is that industries need to cov...
THE CASE FOR MARKET-BASED REGULATION
government regulation MARKET-BASED REGULATION
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2008/11/5
In this article, we reconsider the rationale for government regulation
of markets. We begin by identifying markets as governed not only
by prices but also by evolved institutions, rules, and standar...