Incentive-Based Policy Design for Pollution Control and Biodiversity Conservation: A Review

Frans de Vries and Nick Hanley

Environmental & Resource Economics, 2016, vol. 63, issue 4, No 1, 687-702

Abstract: Abstract This paper provides a succinct review of the main developments in the literature on incentive-based policy mechanisms in the contexts of pollution control and biodiversity conservation, dating from the early beginnings of the science in the 1960s. A focal point in the review is on the design features of these policy mechanisms. Key developments in policy design were originally established in controlling externalities arising from pollution and have since been extended to policy design tailored towards biodiversity conservation. Special emphasis is given to the spatial characteristics of the environmental problems underlying both pollution control and biodiversity conservation. The paper concludes by drawing some lessons and setting out elements of a future research agenda in both policy domains.

Keywords: Environmental policy instruments; Environmental markets; Mechanism design; Spatial coordination; Conservation auctions (search for similar items in EconPapers)
JEL-codes: D44 D82 Q57 Q58 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (32)

Downloads: (external link)
http://link.springer.com/10.1007/s10640-015-9996-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
Working Paper: Incentive-Based Policy Design for Pollution Control and Biodiversity Conservation:A Review (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:enreec:v:63:y:2016:i:4:d:10.1007_s10640-015-9996-8

Ordering information: This journal article can be ordered from
http://www.springer. ... al/journal/10640/PS2

DOI: 10.1007/s10640-015-9996-8

Access Statistics for this article

Environmental & Resource Economics is currently edited by Ian J. Bateman

More articles in Environmental & Resource Economics from Springer, European Association of Environmental and Resource Economists Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().