Because China has emerged as the largest greenhouse gas (GHG) emitter in total annual
emissions, to accelerate the pace of GHG emission reduction in China is important to the …

The construction industry provides infrastructure and structures to society by consuming a
substantial quantity of non‐renewable energy, which results in significant carbon dioxide …

Green growth, the promotion of energy efficiency and clean energy technologies and
sustainable development are frequently viewed as complementary goals by international …

An advantage of cap-and-trade programs over more prescriptive environmental regulation is
that compliance flexibility and cost effectiveness can make more stringent emissions …

This survey sketches the broad landscape of the field of transaction costs measurement. It
surveys the main research areas concerning transaction costs and offers a taxonomy …

An implication of the Coase theorem is that under certain conditions, the market equilibrium
in a cap-and-trade system will be cost-effective and independent of the initial allocation of …

Water markets are promoted as a demand-management strategy for addressing water
scarcity. Although there is an increasing literature on the institutional preconditions required …

This paper exploits a novel reform in Idaho to measure the economic value created by
clarifying property rights for water. Between 1987–2014, the Snake River Basin adjudication …

We develop an equilibrium model of emissions permit trading in the presence of fixed and
proportional trading costs in which the permit price and firms' participation in and extent of …

Tradable permit schemes (TPS) are market‐based policy instruments, which are claimed to
be more statically and dynamically efficient in achieving their policy objectives compared to …