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The choice of pollution control instrument is a crucial environmental policy decision. With growing momentum for federal legislation to control greenhouse gases, interest among policy makers in the is...
The process ofchoosing among policy instruments has been analyzed
mostly as a problem of public choice (Buchanan and Tullock 1975,
Cassing and Hillman 1985, Dewees 1983, Borcherding 1983, and
Becke...