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 |
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Format: | Artikel |
Sprache: | eng |
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