HKS Authors

See citation below for complete author information.

Abstract

This paper draws on American experience with four categories of market-based instruments for environmental protection: charge systems; tradeable permits; market friction reduction; and government subsidy reduction. The paper examines normative and positive lessons that can be learned from these experiences.

Citation

Stavins, Robert N. "Lessons from the American Experiment with Market-Based Environmental Policies." KSG Faculty Research Working Papers Series RWP01-032, October 2001.