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Factors that influence transaction costs in development offsets: who bears what and why?

Coggan, Anthea; Buitelaar, Edwin; Whitten, Stuart; Bennett, Jeffrey

Description

Environmental policy instruments generate transaction costs to public and private parties. There is a growing literature reporting on the size of transaction costs produced by environmental policy instruments. This paper extends that literature through an analysis of the factors that influence transaction costs in environmental policy and how this influence occurs. The theory based factors that influence transaction costs are categorised as: 1) transaction characteristics; 2) transactor...[Show more]

CollectionsANU Research Publications
Date published: 2013
Type: Journal article
URI: http://hdl.handle.net/1885/33661
Source: Ecological Economics
DOI: 10.1016/j.ecolecon.2012.12.007

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