HKS Faculty Research Working Paper Series
HKS Working Paper No. RWP01-032
This paper draws on American experience with four categories of market-based instruments for environmental protection: charge systems; tradeable permits; market friction reduction; and government subsidy reduction. The paper examines normative and positive lessons that can be learned from these experiences.
Stavins, Robert N. "Lessons from the American Experiment with Market-Based Environmental Policies." KSG Faculty Research Working Papers Series RWP01-032, October 2001.