Regulation by Prices, Quantities, or Both: A Review of Instrument Choice

Choosing appropriate policy instruments is an important part of successful regulation. Once objectives are agreed and suitable targets adopted, policy-makers can employ command-and-control regulation and/or economic instruments, and choose between fixing a price or a quantity. This paper examines th...

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Veröffentlicht in:Oxford review of economic policy 2006-07, Vol.22 (2), p.226-247
1. Verfasser: HEPBURN, CAMERON
Format: Artikel
Sprache:eng
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