Institutions, Exchange and Coordination

Regulation, Tax Policies, Subsidies as Remedies

About this lecture

In this video, Gary Libecap, Distinguished Professor at the University of California, Santa Barbara, takes an in-depth look into traditional solutions to environmental problems, and explains why they do not always work effectively. He illustrates his main ideas with two examples: The Acid Rain program initiated under the Clean Air Act in the US and the regulations imposed on halibut fishing in Canada in the 1980s.

References

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Part of the IOE ecosystem

Governance and Regulation Chair, Université Paris-Dauphine – PSL Institutional & Organizational Economics Academy Society for Institutional & Organizational Economics