Transaction costs (TCs) in green building (GB) incentive schemes: Gross Floor Area (GFA) Concession Scheme in Hong Kong
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چکیده
منابع مشابه
Transaction Costs and Incentive Theory ∗
This paper tries to reconcile incentive theory with transaction costs theory. We first discuss the fundamental assumptions underlying the use of the Revelation Principle in the standard mechanism design literature and show how various contractual incompletenesses and externalities induced by transaction costs affect the basic trade-off between allocative efficiency and informational rents highl...
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ژورنال
عنوان ژورنال: Energy Policy
سال: 2018
ISSN: 0301-4215
DOI: 10.1016/j.enpol.2018.04.054