This paper starts from the premise that our understanding of the extent to which, and of the conditions under which, we might rely on new or neoliberal forms of governance beyond the state to deliver particular public interest objectives is limited, especially when they seek to instigate changes...

This paper examines the investment strategies of compliance companies in irreversible abatement technologies and the environmental achievements of the system in an inter-temporal cap-and-trade market using laboratory experiments. The experimental analysis is performed under varying market...

Conventional cost-benefit analysis incorporates the normally reasonable assumption that the policy or project under examination is marginal in the sense that it will not significantly change relative prices. In particular, it is assumed that the policy or project does not change the underlying...