Market mechanisms

Michael A. Mehling

Market mechanisms

Law

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

Market mechanisms have emerged as an instrument of environmental policy in recent decades, tracing an unparalleled trajectory from theoretical prescription to practised legal reality. Conceptually, these mechanisms reflect a departure from the conventional toolbox of environmental law, which has traditionally relied on instruments such as liability rules and sanctions to control environmental degradation and overuse.

Original language	English
Title of host publication	The Oxford Handbook of International Environmental Law
Editors	Lavanya Rajamani, Jacqueline Peel
Place of Publication	Oxford
Publisher	Oxford University Press
Chapter	53
Pages	920-936
Number of pages	17
Edition	2nd
ISBN (Print)	9780198849155
Publication status	Published - 12 Aug 2021

Keywords

markets mechanisms
environmental policy

Cite this

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Market mechanisms

Abstract

Keywords

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