This publication offers valuable lessons for applying tradeable permits and provides links between policy evaluation and policy making general.

Every decision about energy involves its price and cost. The price of gasoline and the cost of buying from foreign producers; the price of nuclear and hydroelec

This publication offers valuable lessons for applying tradeable permits and provides links between policy evaluation and policy making general.

The "tragedy of the commons" is a central concept in human ecology and the study of the environment. It has had tremendous value for stimulating research, but i

The book analyzes the behavior and performance of the market for emissions permits, called allowances in the Acid Rain Program, and quantifies emission reductio