Counteracting “the tragedy of the commons” in an imperfect world
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DOI: 10.1111/jpet.12713
Abstract: Our research question is whether it is possible and how to counteract “the tragedy of the commons” if facing various limitations of real‐world economies. To answer it, we derive regulatory tax–subsidy systems and self‐enforcing environmental… read more here.
Keywords: tax subsidy; world; subsidy systems; tragedy commons ... See more keywords