The number of Internet users as percentage of population varies significantly across transition countries. While some transition countries post penetration rates that exceed the performance of Western European laggards, most lag well behind Western European performance. Take-up growth is very...

In recent years, the potential use of information and communication technologies (ICT) and, more particularly, the Internet as an instrument of change, and economic development and growth has attracted considerable attention. Whereas much of the policy discussion has focused on the promotion of...

The number of Internet users as percentage of population varies significantly across transition countries. While some transition countries post penetration rates that exceed the performance of Western European laggards, most lag well behind Western European performance. Take-up growth is very...

In recent years, the potential use of information and communication technologies (ICT) and, more particularly, the Internet as an instrument of change, and economic development and growth has attracted considerable attention. Whereas much of the policy discussion has focused on the promotion of...

The efficiency implications of different property right allocations when two environmental goods can be produced under the condition of economies of scope are analysed. It is assumed that an environmental agency – acting on behalf of the community – employs an auction‐based mechanism to...

In this paper, we develop a formal model that combines point-source emitters of waste, with landholders that can provide pollution-offset activities, in one ‘environment economy’. We use the model to demonstrate the societal benefits of such a system relative to a stand-alone tradable permit...

Market based mechanisms are growing in importance in environmental policy making. In theory market based mechanisms equate marginal abatement costs between polluting sources, thereby allocating emissions control responsibility at least cost. The step from theory to field implementation is,...

The efficiency implications of different property right allocations when two environmental goods can be produced under the condition of economies of scope are analysed. It is assumed that an environmental agency – acting on behalf of the community – employs an auction‐based mechanism to...

In theory, competitive emission permit markets minimise total abatement cost for any emission ceiling. Permit markets are often imperfectly competitive, however, if they are thin and dominated by large firms. The dominant firm(s) could exercise market power and increase other firms’ costs of...