Complexity of environmental programs is most apparent with information asymmetries, making the design of efficient mechanisms particularly challenging. As developed theoretically in this paper, a new regulatory capitalism paradigm mating voluntary agreements with environmental education can...

Complexity of environmental programs is most apparent with information asymmetries, making the design of efficient mechanisms particularly challenging. As developed theoretically in this paper, a new regulatory capitalism paradigm mating voluntary agreements with environmental education can...

China's national leaders have recently set ambitious goals to restructure and diversify the economy towards a more resource-efficient and sustainable growth path. To address the growing national environment and energy concerns, leaders introduced several binding environmental targets for...