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Political aspects of environmental policy
Authors:Holger Bonus
Institution:(1) Westfälische Wilhelms-Universität, D-48143 Münster, Germany
Abstract:To the economist, many environmental problems are really allocation problems which can be solved by means of market prices that should approximate the shadow prices of environmental restrictions. Why is it so difficult to implement the corresponding institutional arrangements politically?
Keywords:Role of economics in environmental policy
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