Transaction costs and the assessment of greenhouse policies in the transport energy sector
This study, which is at data-collection stage, employs a comparative analysis of alternative policy instruments to identify institutional structures that lower transaction costs. Policy institutions are supposed to be designed to help reduce transaction costs through information generation, in the form of signals and incentives, to help markets to function efficiently and policies to be implemented successfully. However, the relative effectiveness of market-based policies and/or...[Show more]
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