Market-Based Solutions to Environmental Problems: Discussion

"market-based Solutions to Environmental Problems"

There is rapidly growing interest in the use of market-based (MB) instruments in environmental policy. The papers in this session discuss three relatively new areas for such policies: groundwater contamination, nonpoint source surface-water pollution and carbon sequestration. The papers point out the potential for MB policies in these areas, but significant challenges remain. This comment highl...

Engineering Solutions to Environmental Problems

Market-Based Adaptive Discussion Forums

One of the most successful and simplest Internet-based systems to promote the spread of knowledge are discussion forums. Unfortunately, not much research has been done to improve them by introducing adaptive capabilities. In this paper we discuss a market-oriented mechanism to promote the knowledge exchange activity in discussion forums. Our system provides a strategy to dynamically adapt the s...

Market-based Approaches to Environmental Regulation

Economists argue that policymakers should take advantage of market principles in designing environmental regulations. Such market-based approaches – environmental taxes and cap-and-trade – use economic incentives to achieve environmental goals at lower costs. Market-based approaches have now become common due to near-unanimous advocacy by economists and early positive policy experiences. Despit...

Inter-Governmental Competition : Market Solutions to Political Problems

In normative public economics, inter-governmental competition is usually viewed as harmful. Although empirical support for this position does not abound, market integration has intensi ̄ed competition among developed countries. In this paper we argue that when assessing welfare e®ects of inter-governmental competition for various forms of government imperfections (the public choice critique), th...