Uses cutting-edge research to appraise the efficiency of emission taxes, tradable emission permits, and voluntary compliance policies in varying market conditions. Evaluates the impact that market power could have on the implementation of market-based environmental policies within static, dynamic, and open economy frameworks, and explores potential negative impacts that market-based instruments could have on competitiveness and environmental innovation. Also analyzes the impact of market imperfections on the structure of environmental policies across countries. Petrakis is associate professor of economics at the University of Crete, Greece. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Edited by Emmanuel Petrakis, Associate Professor of Economics, Universiy of Crete, Greece, Eftichios S. Sartzetakis, Department of Accounting and Finance, University of Macedonia, Greece and Anastasios Xepapadeas, Professor of Economics, Athens University of Economics and Business, Greece
`. . . this is an excellent book. I recommend it strongly to all those who have the technical skills needed to understand, appreciate, criticize and build on, the complex models and arguments presented in it.' -- Robert E. Wright, Environmental Conservation
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