This paper discusses the issues of inefficiency in the provision of merit goods, taking the case of public water supply in rural Kerala. The analysis has identified two source of inefficiency in the provision of merit good. First, is due to the fact that the state and its agencies autonomously...

Governments around the world are beginning to embrace a new form of environmental regulation – mandatory disclosure of information. While information disclosure programs appear to have an impact on subsequent firm behavior – often resulting in lower levels of pollution – little is known...

Although significant developments have taken place in the area of valuation of the environment, the gap between theoretical principles and their operationalisation still remains. This paper makes an attempt to contribute towards bridging this gap. It explores the ways of `doing' environmental...