Policy-makers have two broad types of instruments available for changing consumption and production habits in society. They can use traditional regulatory approaches (sometimes referred to as command-and-control approaches) that set specific standards across polluters, or they can use economic incentive or market-based policies that rely on market forces to correct for producer and consumer behavior.
Publishers
- National Center for Environmental Economics, United States Environmental Protection Agency
Document Type
- Article
Languages
- English
Geographic Areas:
- North America / United States
Copyright
- Copyright 2015 National Center for Environmental Economics, United States Environmental Protection Agency.